Used primarily as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a building block for more complex molecules, enabling the introduction of bromine atoms into organic compounds. Additionally, it finds application in the manufacturing of flame retardants due to its bromine content, which helps reduce the flammability of materials. In research, it is utilized in studies involving cross-coupling reactions and as a reagent in various chemical transformations. Its role in the synthesis of dyes and pigments is also notable, contributing to the development of colorants for industrial use.