Used primarily as a solvent in various industrial processes, it is effective in dissolving oils, resins, and waxes. It is also employed as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. In laboratories, it serves as a reagent for alkylation reactions. Additionally, it finds application in the preparation of other brominated compounds used in flame retardants and specialty chemicals. Its volatility makes it suitable for use in aerosol formulations and as a refrigerant in some systems.