Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the production of herbicides and fungicides. It serves as a building block in organic reactions where halogenated phenols are required, especially in cross-coupling reactions to form more complex aromatic structures. Also employed in research for developing biologically active compounds due to its reactive halogen substituents. Its derivatives may exhibit antimicrobial properties, making it relevant in the design of disinfectants or preservatives.