Used primarily as an intermediate in organic synthesis, this compound plays a crucial role in the production of pharmaceuticals and agrochemicals. Its bromo and fluoro substituents make it a valuable building block for creating more complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). Additionally, it is employed in the manufacture of specialty chemicals, where its unique structure aids in the introduction of fluorine atoms into target compounds, enhancing their stability and bioactivity. In research, it serves as a reagent for studying reaction mechanisms and developing new synthetic methodologies.