2-Bromo-5-iodophenol is primarily used in organic synthesis as a versatile intermediate for the construction of complex chemical structures. Its halogenated phenol structure makes it valuable in the development of pharmaceuticals, where it can serve as a building block for active pharmaceutical ingredients (APIs). Additionally, it is employed in the synthesis of agrochemicals, contributing to the creation of herbicides, pesticides, and fungicides. The compound is also utilized in material science for the preparation of advanced polymers and organic electronic materials. Its unique reactivity, due to the presence of both bromine and iodine substituents, allows for selective functionalization in cross-coupling reactions, making it a key component in catalytic processes and the production of fine chemicals.