Used primarily in organic synthesis, it serves as a building block for more complex chemical compounds. Its structure, featuring bromine and fluorine atoms, makes it valuable in pharmaceutical research, particularly in the development of active pharmaceutical ingredients (APIs). It is also employed in the creation of agrochemicals, where its unique properties contribute to the effectiveness of pesticides and herbicides. Additionally, it finds application in material science, aiding in the production of specialty polymers and liquid crystals. Its halogenated nature allows it to participate in various cross-coupling reactions, making it a versatile intermediate in chemical manufacturing.