This chemical is primarily used in organic synthesis as an intermediate for the production of more complex compounds. It is particularly valuable in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs) and in agrochemical research for creating novel pesticides or herbicides. Its unique structure, containing both chlorine and iodine substituents, makes it a versatile building block for constructing heterocyclic compounds, which are often key components in drug discovery. Additionally, it can be employed in material science for synthesizing specialized dyes or pigments due to its aromatic amine group.