Used primarily as a synthetic intermediate in organic chemistry, this compound serves in the preparation of complex ketones and heterocyclic systems. Its α-diketone functionality and halogen substituents allow for selective transformations, such as cyclizations and cross-coupling reactions, making it valuable in pharmaceutical and agrochemical research. The presence of both bromo and chloro groups enables sequential functionalization, supporting its use in multi-step synthesis of bioactive molecules. It is also employed in the development of ligands and catalysts due to its ability to coordinate with metal centers.