Dibromo(1,5-cyclooctadiene)platinum(II) is primarily used in catalysis and organic synthesis. It serves as a precursor in the preparation of various platinum-based catalysts, which are essential in hydrogenation, hydrosilylation, and carbon-carbon bond-forming reactions. The compound is particularly valued in the synthesis of fine chemicals and pharmaceuticals, where its catalytic properties enable efficient and selective transformations. Additionally, it is employed in materials science for the development of platinum-containing polymers and coordination complexes, which have applications in electronics and advanced materials. Its stability and reactivity make it a versatile tool in both academic research and industrial processes.