Used primarily as a building block in organic synthesis, this compound is valuable in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs). It is often employed in the creation of complex molecules due to its reactive benzyl bromide group, which facilitates coupling reactions. Additionally, it serves as an intermediate in the production of agrochemicals, contributing to the synthesis of herbicides and pesticides. Its halogenated structure makes it useful in materials science for modifying polymers and creating specialty chemicals.