This chemical is primarily used in organic synthesis as a versatile intermediate. It is often employed in the preparation of complex aromatic compounds due to its reactive bromine substituents. The compound serves as a key building block in the development of pharmaceuticals, agrochemicals, and specialty chemicals. Its structure allows for further functionalization through substitution or coupling reactions, making it valuable in the synthesis of active pharmaceutical ingredients (APIs) and fine chemicals. Additionally, it is utilized in research and development for creating novel materials and studying reaction mechanisms in organic chemistry.