Ethyl 2-fluorophenylacetate is primarily used in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs that target neurological disorders, such as antidepressants and anxiolytics. The compound's structure allows for the introduction of the fluorine atom into more complex molecules, enhancing their biological activity and stability. Additionally, it is utilized in organic chemistry research for the development of novel fluorinated compounds, which are increasingly important in medicinal chemistry due to their unique properties. Its application extends to the agrochemical industry, where it is involved in the creation of pesticides and herbicides with improved efficacy.