Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its reactive acyl chloride group facilitates the formation of amides and esters, making it valuable for constructing complex molecules. In medicinal chemistry, it is employed to develop potential drug candidates, particularly in the synthesis of fluorinated and iodinated aromatic compounds. Additionally, its unique halogenated structure is utilized in material science for creating specialized polymers and coatings with enhanced properties.