Used as a key intermediate in the synthesis of advanced organic materials, particularly in the preparation of ligands for transition metal-catalyzed reactions. Its steric bulk and halogen functionality make it valuable in cross-coupling reactions, such as Suzuki and Negishi couplings, enabling the construction of complex biaryl systems found in pharmaceuticals and agrochemicals. Also employed in the development of catalysts for asymmetric synthesis due to the stability and tunable electronic properties imparted by the isopropyl groups.