This compound is primarily utilized in organic synthesis as a versatile intermediate for constructing more complex molecules. Its structure, featuring multiple halogen substituents, makes it a valuable building block in the development of pharmaceuticals, agrochemicals, and specialty chemicals. It is often employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, to introduce functionalized aromatic rings into target compounds. Additionally, its ester group can be hydrolyzed or transformed into other functional groups, further expanding its utility in synthetic chemistry. The presence of halogens also allows for selective modifications, enabling the creation of diverse derivatives for research and industrial applications.