Used as an intermediate in organic synthesis, particularly in the production of advanced pharmaceuticals and agrochemicals. Its sterically hindered structure makes it valuable in cross-coupling reactions, such as Suzuki-Miyaura and Negishi couplings, where it helps build complex biaryl systems found in active ingredients of drugs and crop protection agents. Also employed in the development of specialty materials, including liquid crystals and organic semiconductors, due to its ability to influence molecular packing and electronic properties. Its bromo functional group allows for further derivatization, enabling precise molecular engineering in research and industrial applications.