This chemical is primarily used in organic synthesis as a key intermediate for the production of various pharmaceuticals and agrochemicals. Its structure, featuring both bromo and chloro substituents, makes it a valuable building block for constructing more complex molecules. It is often employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, to create compounds with potential biological activity. Additionally, it serves as a precursor in the development of dyes, pigments, and other specialty chemicals. Its reactivity and versatility in chemical transformations make it a useful component in research and industrial applications.