Primarily used in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and specialty chemicals. Its bromoethoxy group makes it valuable for introducing ethylene oxide units into molecules, which is crucial in the development of certain drugs, particularly those targeting the central nervous system. Additionally, it is employed in the modification of polymers and surfactants, enhancing their properties for specific industrial applications. Its reactivity also makes it useful in research settings for creating complex organic structures.