Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and agrochemicals. Its structure allows for selective functionalization, making it valuable in constructing complex ring systems. It is also employed in the development of specialty chemicals, including fragrances and dyes, where controlled reactivity is essential. The presence of both bromo and diketone functionalities enables diverse reaction pathways, such as nucleophilic substitution and condensation reactions, supporting its use in multi-step synthetic routes.