Used primarily as a reactive intermediate in organic synthesis, this compound serves as a versatile building block for introducing the norbornene moiety into more complex molecules. Its bromomethyl group readily undergoes substitution reactions, making it valuable in the preparation of polymers, pharmaceuticals, and specialty chemicals. It is especially useful in ring-opening metathesis polymerization (ROMP) due to the strained norbornene ring, enabling the synthesis of functionalized polymers with controlled architectures. Additionally, it acts as a cross-linking agent in polymer chemistry and is employed in the development of resins, coatings, and adhesives where thermal stability and rigidity are required.