Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of thiophene-based bioactive molecules. Its bromo and ketone functional groups allow for further chemical modifications, making it valuable in cross-coupling reactions such as Suzuki and Heck reactions. Commonly employed in medicinal chemistry for constructing heterocyclic compounds with potential antifungal, anti-inflammatory, or anticancer activities. Also utilized in materials science for designing organic semiconductors and conjugated polymers due to the electron-rich nature of the thiophene ring.