Used primarily as an intermediate in organic synthesis, it plays a crucial role in the production of pharmaceuticals and agrochemicals. Its structure allows for the introduction of bromine atoms into complex molecules, facilitating further chemical modifications. Additionally, it is employed in the development of specialty chemicals, including dyes and pigments, where its reactivity with other compounds is utilized to achieve desired properties. In research, it serves as a building block for the creation of novel compounds with potential applications in material science and medicinal chemistry.