Used primarily as an intermediate in organic synthesis, this compound plays a crucial role in the production of advanced materials, including polymers and liquid crystals. Its structure allows it to act as a building block for creating complex organic molecules, particularly in the development of high-performance plastics and electronic materials. Additionally, it finds application in the synthesis of pharmaceutical compounds, where its bromine atoms facilitate further functionalization. Its stability and reactivity make it valuable in research and industrial processes aimed at developing new chemical entities with specific properties.