This compound is primarily used in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a building block in the development of active pharmaceutical ingredients (APIs) due to its reactive bromo and chloro groups, which allow for further functionalization. Additionally, it is utilized in research and development for creating novel compounds with potential therapeutic or pesticidal properties. Its applications also extend to material science, where it can be incorporated into the synthesis of specialized polymers or coatings.