Used primarily as an intermediate in the synthesis of advanced organic compounds, particularly in the production of dyes, pharmaceuticals, and specialty polymers. Its brominated aromatic structure makes it valuable in cross-coupling reactions, such as Suzuki or Heck reactions, where it serves as a building block for creating complex aromatic systems. Also employed in the development of organic semiconductors and optoelectronic materials due to its extended pi-system and ability to undergo functionalization at specific sites. Limited solubility in water but soluble in common organic solvents, facilitating its use in lab-scale and industrial chemical transformations.