Used as an intermediate in the synthesis of pharmaceuticals and fine chemicals, particularly in the development of drugs requiring brominated aromatic structures for further functionalization. Its hydroxyl and bromo groups allow for selective reactions, making it valuable in creating complex organic molecules. Commonly employed in the preparation of UV absorbers and antioxidants for polymers due to its phenolic structure. Also utilized in the production of specialty resins and as a building block in agrochemical synthesis. Its reactivity supports use in cross-coupling reactions, enabling the formation of carbon-carbon bonds in advanced organic manufacturing processes.