Used in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals, due to its versatile reactivity. Acts as a key intermediate in cross-coupling reactions, such as Suzuki and Sonogashira couplings, enabling the construction of complex molecules. Its halogenated structure makes it valuable for introducing functional groups into aromatic systems. Applied in materials science for creating specialized polymers and liquid crystals. Also utilized in research for studying reaction mechanisms and designing novel compounds with potential biological activity.