Used primarily as an intermediate in the synthesis of more complex organic compounds, particularly in the production of agrochemicals and pharmaceuticals. It serves as a building block for creating molecules with specific properties, such as herbicides, insecticides, and active pharmaceutical ingredients. Its halogenated structure makes it valuable in cross-coupling reactions, which are essential in organic chemistry for forming carbon-carbon bonds. Additionally, it can be utilized in material science for the development of specialty polymers and dyes. Its role in these applications is driven by its stability and reactivity under controlled conditions.