Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for drugs targeting central nervous system disorders and anti-inflammatory agents. Its functional groups enable selective reactions, making it valuable in constructing complex aromatic molecules. Also employed in agrochemical synthesis for creating herbicides and fungicides due to its halogenated structure, which enhances bioactivity. Commonly utilized in research and development for designing novel organic compounds in medicinal chemistry.