Used as an intermediate in the synthesis of anthraquinone-based dyes and pigments, particularly for high-performance colorants in textiles and inks. It serves as a building block in organic semiconductors and photoconductive materials due to its stable aromatic structure and electron-accepting properties. Also employed in research for developing photochromic compounds and light-sensitive polymers. Its bromine substituents allow for further functionalization via cross-coupling reactions, making it valuable in fine chemical and pharmaceutical synthesis.