Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its bifunctional nature, with both bromo and hydroxyl groups, allows it to act as a building block for constructing more complex molecules. Commonly employed in the formation of ethers and esters, it facilitates the introduction of ethylene glycol-based spacers in drug design. Also utilized in the synthesis of surfactants and functional polymers due to its ability to link hydrophilic segments. Handle with care, as the bromo group can be reactive and potentially alkylating.