Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its bromo and fluoro substituents make it a versatile building block for constructing complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). It is also employed in the synthesis of specialty chemicals, where its unique structure facilitates the introduction of fluorine atoms into target molecules, enhancing their biological activity or stability. Additionally, it finds use in research laboratories for studying reaction mechanisms and developing new synthetic methodologies.