This chemical is primarily utilized in organic synthesis as a versatile intermediate for the preparation of various complex molecules. It is particularly valuable in the development of pharmaceuticals, where it serves as a building block for the synthesis of active pharmaceutical ingredients (APIs). Additionally, it finds application in the creation of agrochemicals, contributing to the production of herbicides, fungicides, and insecticides. Its bromomethyl group makes it a useful reagent for introducing functional groups into aromatic systems, enabling the construction of diverse chemical structures. In research, it is employed in the study of reaction mechanisms and the development of novel synthetic pathways.