Used in organic synthesis as a key intermediate for the preparation of various pharmaceuticals and agrochemicals. It plays a crucial role in the development of compounds with potential therapeutic properties, particularly in the field of medicinal chemistry. The bromomethyl group allows for further functionalization, making it valuable in constructing complex molecules. Additionally, it is employed in the synthesis of nicotinic acid derivatives, which are important in designing drugs targeting neurological and metabolic disorders. Its versatility also extends to materials science, where it aids in the creation of specialized polymers and coatings.