Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the preparation of substituted aromatic compounds. It serves as a building block in organic reactions where bromine atoms allow for further functionalization via cross-coupling reactions such as Suzuki or Heck reactions. Also employed in the development of dyes, polymers, and specialty chemicals requiring brominated aromatic structures. Its carboxylic acid group enables esterification or amidation, facilitating incorporation into larger molecules for material science or medicinal chemistry applications.