trans-2-Bromo-1-indanol is a chiral intermediate used in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals. Its stereogenic centers and reactive bromine substituent enable asymmetric synthesis and functional group transformations, making it valuable for constructing complex molecules with specific stereochemistry essential for biological activity. Commonly applied in research for beta-blockers, cardiovascular agents, and other bioactive compounds requiring indane-based scaffolds.