This chemical is primarily used as an intermediate in the synthesis of more complex organic compounds. Its unique structure, featuring both bromine and fluorine substituents, makes it valuable in the development of pharmaceuticals and agrochemicals. It is often employed in cross-coupling reactions, such as Suzuki or Heck reactions, to create aromatic compounds with specific properties. Additionally, it serves as a building block in the production of specialty chemicals, including dyes, pigments, and advanced materials. Its reactivity allows for precise modifications, making it a versatile tool in organic synthesis.