This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting specific enzymes or receptors in medicinal chemistry. Its structure allows for further functionalization, making it valuable in the creation of potential drug candidates. Additionally, it is employed in the study of heterocyclic chemistry, where its unique properties contribute to the exploration of novel chemical reactions and pathways. Its applications extend to the development of dyes and pigments, where its fluorinated and chlorinated components enhance stability and performance in specialized formulations.