Used primarily in organic synthesis, it serves as a key intermediate in the production of complex aromatic compounds. Its halogenated structure makes it valuable in cross-coupling reactions, such as Suzuki or Sonogashira couplings, to create advanced materials or pharmaceuticals. It is also employed in the development of liquid crystals and organic electronic materials due to its ability to modify molecular properties. Additionally, it finds use in research settings for studying halogen exchange reactions and designing novel chemical pathways.