Used primarily in organic synthesis, this compound serves as a key intermediate in the production of complex aromatic compounds. Its high halogen content makes it valuable in cross-coupling reactions, particularly in the formation of polyhalogenated benzene derivatives, which are essential in materials science for creating specialized polymers and liquid crystals. Additionally, it finds application in the development of pharmaceuticals, where its structure aids in the synthesis of active pharmaceutical ingredients (APIs) with specific halogenated aromatic frameworks. Its role in research extends to studying halogen-halogen interactions and their impact on molecular properties.