Used in organic synthesis as an intermediate for pharmaceuticals and agrochemicals. Serves as a building block in the preparation of dyes and fluorescent compounds. Employed in the development of liquid crystals and optoelectronic materials due to its aromatic structure and functional reactivity. The bromo group allows for cross-coupling reactions, enabling the formation of complex molecules in medicinal chemistry research. Also utilized in the synthesis of naphthalene-based derivatives for materials science applications.