Primarily utilized in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its reactive bromine atoms make it valuable for cross-coupling reactions, such as Suzuki or Heck reactions, enabling the construction of complex organic molecules. It is also employed in the development of liquid crystal materials and polymers, where its structure contributes to desired electronic and optical properties. Additionally, it finds use in research for modifying biologically active compounds, aiding in the study of structure-activity relationships.