Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its unique structure, featuring bromine and fluorine substituents, makes it valuable for constructing complex molecules through cross-coupling reactions, such as Suzuki or Buchwald-Hartwig reactions. It is also employed in the development of liquid crystal materials and advanced polymers, where its halogenated aromatic ring contributes to desired electronic and thermal properties. Additionally, it finds use in research for studying reaction mechanisms and designing novel organic compounds with specific functionalities.