This compound is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its reactive aldehyde group and halogen substituents, which make it a versatile intermediate. It is often employed in the development of active pharmaceutical ingredients (APIs), particularly in the creation of compounds targeting specific biological pathways. Its structure allows for further functionalization, making it valuable in constructing complex molecules for drug discovery. Additionally, it finds use in the production of herbicides and pesticides, where its chemical properties contribute to the efficacy of the final product. Researchers also leverage it in organic synthesis to build heterocyclic compounds, which are essential in medicinal chemistry.