Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows for further functionalization, making it valuable in the development of complex molecules. It is particularly useful in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, to create biaryl or aryl amine derivatives. These derivatives are often incorporated into drugs targeting specific biological pathways. Additionally, it finds application in material science for the synthesis of organic electronic materials, where its halogen atoms facilitate the formation of conductive polymers or small molecules for use in devices like OLEDs.