Used primarily in the synthesis of agrochemicals and pharmaceuticals, this compound serves as a key intermediate. It is particularly valuable in the production of herbicides and pesticides, where its chlorinated structure enhances efficacy against various pests and weeds. Additionally, it finds application in the development of certain medicinal compounds, contributing to the creation of drugs with specific biological activities. Its versatile reactivity also makes it useful in organic synthesis for constructing complex molecules in research and industrial settings.