Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of specialty chemicals such as pharmaceuticals, agrochemicals, and functionalized polymers. The presence of both bromo and chloro functional groups allows for selective substitution reactions, enabling stepwise construction of complex molecules. It is particularly valuable in the development of heterocyclic compounds and as a building block in medicinal chemistry where controlled alkylation is required. Additionally, it can act as a linker in bifunctional reagents for cross-coupling reactions.