Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) that require halogenated aromatic compounds. It is also employed in the production of agrochemicals, where its structure contributes to the creation of herbicides and pesticides. Additionally, it serves as a building block in organic chemistry research for constructing complex molecules, especially those involving bromo and fluoro substituents for studying electronic and steric effects. Its unique combination of functional groups makes it valuable in material science for designing advanced polymers and coatings.