Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its reactive dibromo and oxo groups make it valuable for constructing complex molecular structures, particularly in the development of active pharmaceutical ingredients. Additionally, it is employed in the synthesis of fine chemicals and specialty compounds, where its unique reactivity facilitates the introduction of specific functional groups. In research, it is utilized for studying reaction mechanisms and developing novel synthetic pathways.