Widely used as an intermediate in the synthesis of pharmaceuticals and agrochemicals. It plays a key role in the production of certain antifungal and antibacterial agents due to its halogenated phenol structure, which enhances bioactivity. Commonly employed in the development of crop protection chemicals, especially herbicides and fungicides, where the bromo and chloro substituents contribute to improved stability and target specificity. Also utilized in research settings for the preparation of more complex molecules through cross-coupling reactions or nucleophilic substitutions. Its methyl group allows for further functionalization, making it a versatile building block in organic synthesis.