This chemical is primarily utilized in organic synthesis as a key intermediate for the production of more complex molecules. Its structure, featuring bromine and fluorine substituents, makes it valuable in the development of pharmaceuticals and agrochemicals. It is often employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig reactions, to create compounds with potential biological activity. Additionally, its unique halogenated aromatic system is useful in material science for designing advanced polymers or electronic materials with specific properties.