Primarily used as a reactive intermediate in organic synthesis, it plays a crucial role in the production of various pharmaceuticals and agrochemicals. Its bromine atoms make it a valuable reagent for bromination reactions, enabling the introduction of bromine into other organic compounds. Additionally, it is utilized in the development of flame retardants, where its structure contributes to enhancing the fire resistance of materials. In research, it serves as a building block for synthesizing complex molecules, particularly in studies involving ketone chemistry and halogenated compounds. Its application extends to the preparation of specialty chemicals used in industries such as coatings, adhesives, and polymers.