Used primarily as an intermediate in the synthesis of more complex chemical compounds, particularly in the pharmaceutical and agrochemical industries. It plays a role in the development of active pharmaceutical ingredients (APIs) due to its functional groups that allow for further chemical modifications. Additionally, it is utilized in the production of dyes and pigments, where its bromine atoms contribute to the stability and color properties of the final products. Its application extends to research and development in organic chemistry, where it serves as a building block for creating novel molecules with potential biological activity.