This chemical is primarily utilized in organic synthesis as a versatile intermediate for the production of various pharmaceuticals and agrochemicals. Its bromine atoms make it a valuable building block for constructing complex molecules through substitution or coupling reactions. It is often employed in the development of active pharmaceutical ingredients (APIs) where specific aromatic structures are required. Additionally, it serves as a precursor in the synthesis of fine chemicals and specialty materials. Its methoxy group can also be modified or removed, offering flexibility in designing target compounds. Handle with care as it is toxic and may cause skin and respiratory irritation.