This chemical is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the preparation of more complex molecules, particularly in pharmaceutical research and development. The bromophenyl group makes it a valuable building block for coupling reactions, such as Suzuki or Heck reactions, which are essential for constructing biologically active compounds. Additionally, it can be used in the synthesis of agrochemicals and materials science applications, where its structure contributes to the development of specialized polymers or coatings. Its stability and reactivity make it a useful component in various chemical transformations.