This chemical is primarily utilized in organic synthesis as a versatile building block for the development of more complex molecules. Its unique combination of halogen substituents makes it a valuable intermediate in the preparation of pharmaceutical compounds, agrochemicals, and advanced materials. The presence of bromine, fluorine, and iodine atoms allows for selective functionalization through various cross-coupling reactions, such as Suzuki or Sonogashira couplings, enabling the creation of diverse aromatic structures. Additionally, it is often employed in the synthesis of liquid crystals and organic electronic materials due to its ability to modify electronic properties and enhance stability. Its halogen-rich structure also makes it useful in the study of halogen bonding interactions, which are critical in crystal engineering and supramolecular chemistry.