This compound is primarily utilized in organic synthesis as a versatile intermediate for the preparation of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target various diseases. Additionally, it serves as a key building block in the creation of specialty chemicals, including dyes and pigments, due to its brominated structure which enhances reactivity and stability. In material science, it is explored for the development of advanced polymers and coatings, where its unique properties contribute to improved performance and durability. Its role in research also extends to the study of heterocyclic compounds, aiding in the discovery of new chemical entities with potential applications in diverse fields.