Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its dual bromine functionality allows for selective substitution reactions, making it valuable in constructing complex molecules. Commonly employed in the synthesis of beta-blockers and other bioactive compounds where a three-carbon spacer with reactive sites is needed. Also utilized in the production of specialty polymers and as a building block in medicinal chemistry for introducing bromomethyl and bromoalkyl groups.