Used primarily in organic synthesis, it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its bromine atoms make it a valuable building block for creating complex molecules, particularly in the development of antifungal and antibacterial agents. Additionally, it is utilized in the synthesis of furan-based compounds, which are important in material science for creating polymers and resins with specific properties. Its reactivity also makes it suitable for use in cross-coupling reactions, aiding in the construction of diverse organic frameworks.