Used as a key intermediate in the synthesis of anthraquinone dyes and pharmaceuticals. It participates in cyclization reactions to form polycyclic structures, especially in the production of photoactive compounds. Commonly employed in the development of organic semiconductors and fluorescent materials due to its rigid aromatic framework. Also utilized in the preparation of UV absorbers for coatings and polymers, enhancing light stability. Its bromo functional group allows for further modification via cross-coupling reactions, making it valuable in medicinal chemistry for building complex molecules.