Used as a brominating agent in organic synthesis, it facilitates the addition of bromine atoms to various substrates, making it valuable in the production of pharmaceuticals, agrochemicals, and specialty chemicals. It is particularly effective in brominating aromatic compounds, alkenes, and alkynes, often under mild conditions. Additionally, it serves as a catalyst or reagent in oxidation reactions and is employed in the synthesis of complex molecules, including natural products and active pharmaceutical ingredients. Its stability and efficiency make it a preferred choice in research and industrial applications for selective bromination processes.