Used primarily in organic synthesis, this compound serves as a key intermediate in the production of more complex chemical structures. It is particularly valuable in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs) due to its reactive bromine atoms, which facilitate various coupling reactions. Additionally, it finds application in material science, where it contributes to the synthesis of advanced polymers and coatings with specific desired properties, such as enhanced durability or chemical resistance. Its role in research and development is also notable, as it aids in the exploration of new chemical reactions and pathways.