Used as an intermediate in the synthesis of pharmaceuticals, agrochemicals, and dyes. Commonly employed in the production of flame retardants due to the presence of bromine atoms, which enhance fire resistance in polymers and plastics. Also utilized in the preparation of antimicrobial agents and biocides, where its phenolic structure contributes to biological activity. Serves as a building block in organic synthesis for introducing bromine substituents in aromatic rings, facilitating further functionalization through cross-coupling reactions.