Used in organic synthesis as a key intermediate for the preparation of phosphonate-containing compounds. It is particularly valuable in the development of flame retardants, where phosphonates enhance the fire resistance of materials. Additionally, it serves as a building block in the production of surfactants and lubricants, contributing to their stability and performance. In medicinal chemistry, it is utilized to create analogs of biologically active molecules, aiding in drug discovery and development. Its bromoalkyl chain allows for further functionalization, making it versatile in polymer chemistry for modifying material properties.