Used primarily as a versatile intermediate in organic synthesis, this compound is valuable for constructing complex molecules in pharmaceutical and agrochemical research. The presence of two bromine atoms with different reactivities allows for selective substitution reactions, enabling stepwise introduction of functional groups. It is commonly employed in the preparation of heterocyclic compounds and functionalized polymers. Its benzylic bromide moiety facilitates easy nucleophilic displacement, making it useful in the synthesis of ligands, catalysts, and specialty chemicals. Additionally, it serves as a building block in the development of cross-linking agents for materials science applications.