Used primarily in organic synthesis, this compound serves as an intermediate in the production of pharmaceuticals and agrochemicals. Its structure, featuring both chloro and fluoro substituents, makes it valuable for introducing specific functional groups into more complex molecules. In pharmaceutical research, it is often utilized to develop drugs with enhanced biological activity due to its ability to influence electronic properties and binding interactions. Additionally, it finds application in the synthesis of specialty chemicals, where its unique reactivity can be leveraged to create compounds with tailored properties for industrial use.