Used primarily as an intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals. Its halogen-rich structure makes it valuable in cross-coupling reactions, particularly in the development of bioactive molecules. The compound is also employed in the preparation of specialty polymers and liquid crystals, where bromine and fluorine substituents contribute to desired electronic and thermal properties. Due to its reactivity, it serves as a building block in heterocyclic chemistry and in the formation of complex aromatic systems for research and industrial applications.