It is primarily used in organic synthesis as an intermediate for the production of more complex chemical compounds. Its structure, featuring bromo and fluoro substituents, makes it valuable in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that require halogenated aromatic frameworks. Additionally, it can be utilized in the preparation of agrochemicals, where such halogenated compounds often play a role in enhancing the efficacy of pesticides or herbicides. Its hydroxyl and carbonyl groups also make it a versatile building block for further chemical modifications in research and industrial applications.