Used primarily as an intermediate in organic synthesis, especially in the pharmaceutical and agrochemical industries. Its brominated structure makes it suitable for cross-coupling reactions, such as Suzuki or Heck reactions, enabling the construction of complex indene derivatives. These derivatives are valuable in the development of bioactive molecules, including potential antiviral and anticancer agents. Additionally, it serves as a building block in materials science for creating functionalized aromatic systems used in organic electronics and fluorescent dyes.