This compound is primarily utilized in organic synthesis as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure, featuring both bromo and fluoro substituents, makes it a valuable building block for introducing specific functional groups into more complex molecules. It is often employed in the development of active pharmaceutical ingredients (APIs) where halogenated aromatic systems are required for biological activity. Additionally, it can be used in the synthesis of herbicides and pesticides, where the presence of halogen atoms enhances the efficacy of the final product. Its reactivity allows for further functionalization, making it a versatile reagent in medicinal chemistry and material science research.