Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of brominated aromatic compounds for active ingredients. Its structure allows for selective functionalization, making it valuable in cross-coupling reactions such as Suzuki and Heck reactions to build complex organic molecules. Also employed in the preparation of liquid crystals and organic semiconductors due to its stable aromatic core and bromine-mediated reactivity. Commonly utilized in research laboratories for bromination studies and as a building block in medicinal chemistry.