Used primarily as an intermediate in organic synthesis, this compound plays a crucial role in the production of pharmaceuticals and agrochemicals. Its reactive benzyl bromide group enables it to participate in various coupling reactions, making it valuable for constructing complex molecules. In drug development, it is often utilized to introduce the 3-chloro-4-fluorobenzyl moiety into target compounds, which can enhance biological activity or modify pharmacokinetic properties. Additionally, it serves as a building block in the synthesis of specialty chemicals, including dyes and polymers, where its halogenated structure contributes to desired chemical and physical properties.