Used primarily as a brominating agent in organic synthesis, this compound facilitates the introduction of bromine atoms into various organic molecules. It is particularly effective in the bromination of aromatic compounds, where it helps achieve selective substitution patterns. Additionally, it serves as an intermediate in the production of flame retardants, which are essential in enhancing the fire resistance of materials like plastics, textiles, and electronics. Its role in the synthesis of pharmaceuticals and agrochemicals is also notable, contributing to the development of active ingredients with specific brominated structures.