This compound is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of more complex molecules. Its unique structure, featuring both fluorine and iodine substituents, makes it valuable for the development of active pharmaceutical ingredients (APIs) and crop protection agents. In pharmaceuticals, it is often employed in the creation of compounds targeting specific biological pathways, particularly in the development of drugs for neurological and oncological disorders. In agrochemicals, it serves as a building block for the production of herbicides and pesticides, where its halogenated aromatic structure enhances the efficacy and selectivity of the final product. Additionally, its reactivity allows for further functionalization, enabling the design of tailored molecules for specific applications.