Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals. Its functionalized aromatic structure makes it valuable in constructing complex organic molecules, particularly in the development of active ingredients requiring specific substitution patterns on a benzene ring. Commonly employed in cross-coupling reactions such as Suzuki or Heck reactions to form carbon-carbon bonds. Also utilized in the preparation of derivatives for research in medicinal chemistry, especially in studies targeting anti-inflammatory or central nervous system agents.