Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals. It serves in the production of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules due to its biphenyl structure, which is common in many drug compounds. Also employed in the development of liquid crystals and organic semiconductors because of its favorable electronic properties and molecular rigidity. Its chloro-substituted aromatic ring allows for further functionalization through cross-coupling reactions, making it valuable in medicinal and materials chemistry.