This chemical is primarily used in organic synthesis as a key intermediate in the production of various pharmaceutical compounds. It plays a significant role in the development of drugs targeting neurological and psychiatric disorders due to its structural properties. Additionally, it is utilized in the synthesis of agrochemicals, particularly in the creation of herbicides and pesticides, where its halogenated structure enhances efficacy. In material science, it serves as a building block for the preparation of advanced polymers and dyes, contributing to the development of high-performance materials with specific optical or electronic properties. Its versatility in chemical reactions makes it valuable in research and industrial applications.