Primarily used in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the synthesis of complex molecules due to its reactive bromine atoms, which facilitate further functionalization. Additionally, it is employed in the development of dyes and pigments, where its structure contributes to the desired color properties. In research, it is utilized to study reaction mechanisms and to create novel compounds with potential biological activity. Its versatility makes it a valuable tool in both industrial and academic settings.