This compound is primarily utilized in the pharmaceutical and agrochemical industries as a versatile building block for the synthesis of more complex molecules. Its unique halogen substitution pattern makes it a valuable intermediate in the development of active pharmaceutical ingredients (APIs), particularly in the creation of drugs targeting neurological disorders and infectious diseases. In agrochemicals, it serves as a key precursor for the production of herbicides and pesticides, where its structural properties enhance the efficacy and specificity of the final products. Additionally, it is employed in organic synthesis for the preparation of ligands and catalysts used in various chemical reactions, contributing to advancements in material science and industrial chemistry.