This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its structure, featuring bromine and nitrile groups, makes it a valuable intermediate in cross-coupling reactions, such as Suzuki and Sonogashira couplings, which are essential for creating biologically active molecules. Additionally, it finds application in material science, where it is used to develop organic semiconductors and conductive polymers due to its electron-withdrawing properties. Its role in constructing heterocyclic frameworks also makes it significant in the production of dyes and pigments.