Used as an intermediate in organic synthesis, particularly in pharmaceutical and agrochemical manufacturing. It serves as a building block for cross-coupling reactions, such as Suzuki and Heck reactions, enabling the formation of carbon-carbon bonds. Its iodo functionality provides high reactivity in palladium-catalyzed reactions, making it valuable for constructing complex aromatic systems. Also employed in the development of functional materials and specialty chemicals where aryl iodide motifs are required.