This compound is primarily utilized in organic synthesis as a versatile building block for the preparation of more complex chemical structures. It is often employed in the development of pharmaceutical intermediates, where its halogen substituents allow for further functionalization through various coupling reactions, such as Suzuki or Buchwald-Hartwig reactions. Additionally, it serves as a key reagent in the synthesis of agrochemicals, particularly in the creation of herbicides and pesticides, due to its ability to introduce halogenated benzyl groups into target molecules. Its unique combination of halogens also makes it valuable in material science for designing specialized polymers and coatings with specific properties.