This chemical is primarily utilized in organic synthesis, particularly as an intermediate in the production of dyes, pigments, and pharmaceuticals. Its structure, featuring both an iodine atom and an amino group, makes it a valuable building block for constructing complex molecules. In the pharmaceutical industry, it is often employed in the synthesis of active pharmaceutical ingredients (APIs) or as a precursor for compounds with potential therapeutic properties. Additionally, it finds use in the development of agrochemicals, where it contributes to the creation of herbicides or pesticides. Its iodine component also makes it suitable for applications in radiopharmaceuticals or as a labeling agent in research and diagnostics.