Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of various pharmaceuticals and agrochemicals. Its reactivity makes it valuable for introducing bromine atoms into organic molecules, which is crucial for creating compounds with specific biological activities. Additionally, it is employed in research settings to study the mechanisms of bromination reactions and to develop new synthetic methodologies. Its application is also seen in the development of flame retardants, where brominated compounds are essential for enhancing fire resistance in materials.