Used primarily in organic synthesis, this compound serves as a versatile intermediate in the production of pharmaceuticals and agrochemicals. Its bromoethyl group makes it a valuable building block for introducing tetrahydropyran moieties into more complex molecules. It is particularly useful in the development of drugs targeting neurological disorders and in the synthesis of bioactive compounds. Additionally, it plays a role in the creation of fine chemicals and specialty materials, where its structure facilitates specific chemical transformations.