Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals. It serves in the preparation of certain fungicides and plant growth regulators due to its phenolic structure and halogen substitution, which enhance reactivity in coupling reactions. Also employed in research for developing biologically active molecules, particularly in medicinal chemistry for structure-activity relationship studies. Its bromo group allows for palladium-catalyzed cross-coupling reactions, making it valuable in building complex organic molecules.