Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of pharmaceuticals and agrochemicals. It is particularly valuable in the development of active ingredients for drugs, where its bromo and fluoro substituents enable precise modifications to enhance biological activity. Additionally, it serves as a building block in the synthesis of dyes and pigments, contributing to the creation of colorants with specific properties. Its reactivity also makes it useful in research and development for creating complex molecules in various chemical industries.