Used primarily in organic synthesis, it serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its bromine-rich structure makes it valuable for creating compounds with specific biological activities. Additionally, it is utilized in the development of flame retardants due to its ability to inhibit combustion. In research, it acts as a building block for constructing complex heterocyclic compounds, aiding in the study of chemical reactions and material properties. Its application extends to the synthesis of dyes and pigments, where it contributes to color stability and durability.