Used in organic synthesis as a versatile building block for creating complex molecules, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the preparation of quinoxaline derivatives, which are often explored for their biological activities, including antimicrobial, anticancer, and antiviral properties. Additionally, it is employed in the synthesis of fluorescent dyes and materials for optoelectronic applications due to its ability to modify electronic properties. Its bromomethyl group allows for further functionalization, making it valuable in cross-coupling reactions and polymer chemistry.