Used primarily as an intermediate in the synthesis of various organic compounds, including pharmaceuticals and agrochemicals. It serves as a building block in the production of active ingredients for medications and crop protection agents. Additionally, it finds application in the development of specialty chemicals, such as dyes and pigments, due to its reactive bromine and phenol groups. Its antimicrobial properties also make it suitable for use in preservatives and disinfectants, particularly in industrial and laboratory settings.