This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of benzimidazole derivatives, which are known for their biological activities, including antifungal, antiviral, and anticancer properties. Additionally, it is employed in the creation of dyes and pigments due to its ability to introduce bromine atoms into aromatic systems, enhancing color stability and intensity. In material science, it is used to modify polymers and create advanced materials with specific electronic or optical properties. Its versatility makes it valuable in research and industrial applications.