This chemical is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the development of more complex molecules. It is often employed in the synthesis of pharmaceutical compounds, particularly those targeting neurological disorders, due to its indole structure, which is a common motif in many bioactive molecules. Additionally, it finds application in the creation of agrochemicals, where its bromo and nitrile functional groups can be modified to produce compounds with specific pesticidal or herbicidal properties. In material science, it is used as an intermediate in the synthesis of organic electronic materials, contributing to the development of semiconductors and light-emitting diodes (LEDs). Its unique structure allows for further functionalization, making it valuable in research and industrial applications.