Used as a key intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its brominated structure allows for selective cross-coupling reactions, making it valuable in constructing complex molecules. Commonly employed in the synthesis of bioactive compounds, including potential antitumor and antimicrobial agents. Also utilized in material science for modifying polymer properties through functionalization. Its reactivity with nucleophiles enables its use in the preparation of heterocyclic compounds and peptide mimetics.