Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its unique halogenated structure makes it valuable for creating complex molecules with potential therapeutic properties. Additionally, it is employed in agrochemical research to develop new pesticides and herbicides, leveraging its reactivity to form compounds that target specific pests or weeds. In material science, it is utilized in the preparation of advanced organic materials, including liquid crystals and electronic components, due to its ability to modify electronic properties and enhance performance. Its role in cross-coupling reactions also makes it a valuable building block in organic synthesis, enabling the creation of diverse chemical structures for further study and application.