Used primarily as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a key building block for the preparation of various compounds, including surfactants and plasticizers. In the polymer industry, it is employed to modify the properties of resins and coatings, enhancing flexibility and durability. Additionally, it finds application in the synthesis of specialty chemicals, where its alkyl bromide functionality is utilized for further chemical transformations. Its role in the development of advanced materials and functional chemicals makes it valuable in industrial and research settings.