Primarily used in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure allows it to participate in various reactions, such as nucleophilic substitution, making it valuable for creating complex molecules. It is particularly useful in the development of active pharmaceutical ingredients (APIs) where fluorine and bromine atoms are essential for enhancing biological activity and stability. Additionally, it finds application in the synthesis of specialty chemicals and materials, contributing to advancements in medicinal chemistry and material science.