Used primarily as an intermediate in the synthesis of dyes and pigments, this compound plays a crucial role in producing vibrant and stable colors for textiles and industrial applications. It is also employed in the preparation of certain pharmaceutical compounds, particularly those requiring halogenated aromatic structures for enhanced biological activity. Additionally, it finds use in organic research as a building block for developing complex molecules with specific functional properties. In analytical chemistry, it can serve as a reagent for detecting or quantifying specific substances due to its reactive hydroxyl and halogen groups.