Used primarily as a chemical intermediate in organic synthesis, it plays a key role in the production of various pharmaceuticals and agrochemicals. Its reactive dibromo and maleimide groups make it valuable for creating complex molecules through cross-coupling reactions. Additionally, it is employed in the development of polymers and resins, where it acts as a cross-linking agent to enhance material properties like thermal stability and mechanical strength. In research, it is utilized for studying reaction mechanisms and developing new synthetic pathways.