Used in organic synthesis as a versatile intermediate for the preparation of various cyclopentyl-containing compounds. It is particularly valuable in the development of pharmaceuticals, where it serves as a building block for active pharmaceutical ingredients (APIs). The bromine atom in the molecule allows for further functionalization through substitution reactions, making it useful in the synthesis of complex molecules. Additionally, it is employed in the creation of agrochemicals and specialty chemicals, where the cyclopentyl group can impart specific biological or chemical properties. Its reactivity also makes it a candidate for research in material science, particularly in the development of novel organic materials.