This chemical is primarily utilized in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. Its structure, featuring both bromo and chloro substituents, makes it a valuable building block in the development of complex molecules. It is often employed in cross-coupling reactions, such as Suzuki or Ullmann reactions, to create biaryl compounds, which are essential in drug discovery and material science. Additionally, it serves as a precursor in the synthesis of specialty chemicals, including dyes, pigments, and polymers, where its halogenated aromatic rings contribute to desired properties like stability and reactivity.