This chemical is primarily used as a key intermediate in the synthesis of organic compounds, particularly in the production of polymers and resins. Its bifunctional nature, with two reactive bromomethyl groups, makes it valuable for crosslinking reactions, which enhance the thermal and mechanical properties of the resulting materials. It is also employed in the development of flame retardants due to its bromine content, which helps in reducing the flammability of materials. Additionally, it finds application in the pharmaceutical industry for the preparation of complex molecules, serving as a building block in various synthetic pathways. Its role in creating advanced materials and specialty chemicals underscores its importance in industrial chemistry.