Used in pharmaceutical research as a building block for the synthesis of complex molecules, particularly in the development of drugs targeting neurological and oncological disorders. Its structure allows for modifications that enhance binding affinity to specific biological targets, making it valuable in medicinal chemistry. Additionally, it serves as an intermediate in the production of agrochemicals, contributing to the creation of compounds that improve crop protection and yield. Its halogenated structure also makes it useful in material science for designing advanced polymers and coatings with specific properties.