Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of pharmaceuticals and agrochemicals. Its bromine atom makes it a versatile building block for creating more complex molecules through substitution reactions. In the pharmaceutical industry, it is utilized in the development of active pharmaceutical ingredients (APIs) that target specific diseases. Additionally, it finds application in the synthesis of specialty chemicals, including surfactants and polymers, where its structure contributes to desired properties like stability and reactivity. Its role in research and development is also significant, aiding in the exploration of new chemical pathways and material innovations.