Used primarily as an intermediate in organic synthesis, this compound plays a crucial role in the development of pharmaceuticals, particularly in the creation of active pharmaceutical ingredients (APIs). Its structure allows for further functionalization, making it valuable in medicinal chemistry for designing molecules with specific biological activities. Additionally, it is employed in research settings for studying chemical reactions and mechanisms, particularly those involving halogenated aromatic compounds. Its applications extend to agrochemicals, where it serves as a building block for synthesizing herbicides and pesticides.