Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the preparation of substituted benzodioxole derivatives. Its bromomethyl group allows for easy functionalization through nucleophilic substitution, making it valuable in forming carbon-heteroatom or carbon-carbon bonds. Commonly employed in the development of bioactive molecules, including antifungal, antibacterial, and central nervous system-active compounds. Also utilized in the production of fluorescent dyes and polymers due to its aromatic and reactive characteristics.