Used primarily as an intermediate in the synthesis of advanced organic materials, particularly in the development of pharmaceuticals and agrochemicals. Its brominated structure makes it suitable for cross-coupling reactions, such as Suzuki or Ullmann reactions, enabling the formation of complex biaryl frameworks. It is also employed in the preparation of functionalized dibenzofurans, which are key motifs in materials science, including organic semiconductors and luminescent compounds. Due to its stability and reactivity profile, it serves as a building block in research settings for designing novel heterocyclic systems with potential bioactive or electronic properties.