This chemical is primarily utilized in specialized chemical synthesis processes, particularly as a reagent or catalyst in organic reactions. Its unique structure makes it effective in facilitating complex transformations, such as bromination reactions, where it can act as a source of bromine. It is also employed in the preparation of advanced materials and intermediates for pharmaceuticals, where precise control over bromine incorporation is required. Additionally, its stability and reactivity make it suitable for use in research and development settings, particularly in the study of novel organic compounds and reaction mechanisms.