Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated and halogenated organic compounds. Its structure allows for selective functionalization in multi-step reactions, making it valuable in creating active ingredients that require specific halogen positioning for optimal biological activity. Commonly employed in cross-coupling reactions and nucleophilic substitutions due to the presence of reactive halogens. Also utilized in the preparation of specialty polymers and functional materials where controlled reactivity and stability are required.