Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. Its structure allows for further functionalization, making it valuable in the development of active pharmaceutical ingredients (APIs). It is particularly useful in the synthesis of compounds with potential anti-inflammatory, antimicrobial, or anticancer properties. Additionally, it plays a role in the preparation of dyes and pigments due to its aromatic and halogenated nature. Researchers also utilize it in the study of chemical reactions and mechanisms involving brominated aromatic compounds.