Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of pharmaceuticals and agrochemicals. Its reactive sites, including the bromomethyl, chloro, and iodo groups, allow for versatile functionalization, making it valuable for constructing complex molecules. It is particularly useful in cross-coupling reactions, such as Suzuki or Ullmann reactions, to form carbon-carbon or carbon-heteroatom bonds. Additionally, it serves as a building block in the development of dyes, pigments, and specialty chemicals. Its halogen-rich structure also makes it suitable for use in materials science, particularly in the synthesis of polymers and advanced organic materials.