Used primarily in organic synthesis as a key intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a building block in the development of complex molecules, particularly in the synthesis of bioactive compounds. Its brominated structure makes it valuable in cross-coupling reactions, which are essential in creating advanced materials and active pharmaceutical ingredients. Additionally, it finds application in the preparation of dyes and pigments due to its ability to form stable, colored complexes. Its role in research and development is significant, especially in the study of halogenated aromatic compounds and their reactivity.