Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows for further functionalization, making it valuable in the development of active ingredients for drugs targeting specific biological pathways. Additionally, it is employed in research settings to study chemical reactions and mechanisms, particularly in the context of brominated aromatic compounds. Its applications extend to material science, where it contributes to the synthesis of advanced polymers and coatings with tailored properties.