This chemical is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the preparation of complex molecules, particularly in pharmaceutical research, where it serves as a building block for drug development. Its bromomethyl group makes it a valuable reagent for introducing alkyl chains or other functional groups into target compounds. Additionally, it finds use in the production of specialty chemicals and polymers, where its structure can contribute to the creation of materials with specific properties. Its application is also seen in agrochemical research for the synthesis of active ingredients in pesticides or herbicides.