This compound is widely used as a key intermediate in organic synthesis, particularly in the pharmaceutical and agrochemical industries. It serves as a building block for the development of various active pharmaceutical ingredients (APIs) and fine chemicals. Its unique halogen substitution pattern allows for selective functionalization, making it valuable in cross-coupling reactions, such as Suzuki and Sonogashira reactions, to create complex aromatic structures. Additionally, it is employed in the synthesis of herbicides, fungicides, and other crop protection agents due to its ability to introduce specific halogen atoms into target molecules, enhancing their biological activity. Its role in material science is also notable, where it contributes to the development of advanced organic materials with tailored properties.