Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of herbicides and plant growth regulators. It serves as a building block in organic reactions where halogenated aromatic compounds are needed, especially in cross-coupling reactions such as Suzuki or Heck reactions. Its structure allows for selective functionalization, making it valuable in the preparation of more complex molecules in medicinal chemistry. Also employed in the production of dyes and specialty polymers due to its reactivity and stability.