Used as a key intermediate in the synthesis of agrochemicals, particularly herbicides and insecticides. Its halogenated structure allows for selective reactivity in coupling reactions, making it valuable in the development of crop protection agents. It is also employed in medicinal chemistry research for constructing fluorinated and chlorinated heterocyclic compounds with potential biological activity. The compound's functional groups enable further derivatization, supporting its role in creating more complex molecules in both agricultural and pharmaceutical industries.