Racemic-4,12-dibromo[2.2]paracyclophane is primarily utilized in the field of organic synthesis and materials science. Its unique structure makes it a valuable building block for constructing complex molecular architectures, particularly in the development of chiral ligands and catalysts. These applications are crucial in asymmetric synthesis, where the compound helps in producing enantiomerically pure substances, which are important in the pharmaceutical industry for creating drugs with specific biological activities.

Additionally, this chemical is explored in the design of advanced materials, such as organic semiconductors and liquid crystals, due to its rigid and planar structure. Its incorporation into polymers and other materials can enhance thermal stability and electronic properties, making it suitable for use in electronic devices and display technologies. Researchers also investigate its potential in supramolecular chemistry, where it can be used to create novel host-guest complexes with specific recognition properties.