Used primarily as an intermediate in organic synthesis, this compound plays a key role in the development of pharmaceuticals and agrochemicals. Its unique halogen substitution pattern makes it valuable for constructing complex molecules through cross-coupling reactions, such as Suzuki or Sonogashira couplings. It is also employed in materials science for creating advanced polymers and liquid crystals. Additionally, its reactivity with nucleophiles enables its use in the preparation of specialized aromatic compounds for research and industrial applications.