Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals. Its structure allows for selective functionalization, making it valuable in creating active ingredients in crop protection agents. Also employed in the preparation of specialty polymers and flame retardants due to the presence of bromine atoms, which contribute to thermal stability and fire resistance. Additionally, it serves as a building block in organic synthesis for introducing the 3,5-dibromobenzyl group in receptor binding studies and drug discovery research.