Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its reactive aldehyde group and halogen substituents make it suitable for cross-coupling reactions, enabling the construction of complex molecules. It is particularly valuable in the development of active pharmaceutical ingredients (APIs) and in the synthesis of heterocyclic compounds. Additionally, it finds application in material science for the preparation of specialized polymers and ligands for catalysis.