Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its bromo and fluoro substituents make it a versatile building block for constructing complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). It is also employed in the synthesis of liquid crystals and advanced materials, where its structural properties contribute to desired electronic and optical characteristics. Additionally, it finds application in research settings for studying substitution reactions and designing novel compounds with specific functionalities.