Used primarily as an intermediate in organic synthesis, this compound serves in the formation of Grignard reagents, which are valuable for constructing carbon-carbon bonds in pharmaceuticals and fine chemicals. It is also employed in the preparation of surfactants, agrochemicals, and specialty lubricants due to its alkyl chain length and reactivity. The presence of the bromine atom allows for easy substitution reactions, making it useful in the development of functionalized hydrocarbons for research and industrial applications.