This chemical is primarily utilized as an intermediate in organic synthesis, particularly in the production of specialty chemicals and polymers. It is often employed in the creation of flame retardants due to its bromine content, which enhances the fire resistance of materials such as plastics, textiles, and coatings. Additionally, it serves as a building block in the synthesis of pharmaceuticals and agrochemicals, where its structure allows for the introduction of specific functional groups. Its role in cross-linking agents for resins and adhesives also makes it valuable in industrial applications.