This compound is primarily utilized in organic synthesis as a versatile building block for the development of more complex chemical structures. Its unique halogenated structure makes it valuable in cross-coupling reactions, such as Suzuki or Sonogashira couplings, which are essential in pharmaceutical and material science research. It serves as a key intermediate in the synthesis of various heterocyclic compounds, which are often explored for their potential biological activities, including antimicrobial or anticancer properties. Additionally, it is used in the preparation of ligands for catalytic systems, aiding in the study of novel catalytic processes. Its application extends to the field of agrochemicals, where it contributes to the development of new pesticides or herbicides.