Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows for further functionalization, making it valuable in the development of active ingredients for drugs targeting specific biological pathways. Additionally, it is employed in the synthesis of complex molecules for research purposes, particularly in the study of brominated aromatic compounds and their reactivity. Its applications also extend to material science, where it contributes to the creation of specialized polymers and coatings with unique properties.