Used primarily as an intermediate in organic synthesis, especially in the preparation of pharmaceuticals and agrochemicals. Its structure contains both iodo and trichloromethyl functional groups, making it a valuable building block for cross-coupling reactions and halogen exchange processes. It is employed in the development of bioactive molecules, including antifungal and antibacterial agents, due to its reactivity toward nucleophiles and ability to participate in cyclization reactions. Additionally, it serves in the synthesis of pyrrole-based derivatives, which are important in medicinal chemistry and materials science.