This compound is primarily utilized in organic synthesis, particularly as a building block in the preparation of more complex chemical structures. It serves as a key intermediate in the development of pharmaceuticals, where it can be incorporated into molecules designed for therapeutic applications. Its hydrazine moiety makes it valuable for constructing heterocyclic compounds, such as indoles and pyrazoles, which are often found in drugs targeting various diseases. Additionally, it is employed in the synthesis of agrochemicals, contributing to the creation of pesticides or herbicides. Its halogenated aromatic ring also allows for further functionalization, enabling the production of diverse chemical entities for research and industrial purposes.