This compound is primarily utilized in organic synthesis as a building block for the preparation of various heterocyclic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the synthesis of hydrazone derivatives, which are often explored for their potential biological activities, including antimicrobial, anticancer, and anti-inflammatory properties. Additionally, it is employed in the preparation of Schiff bases, which are valuable in coordination chemistry and material science. Its bromo-substituted aromatic ring makes it a versatile reagent for further functionalization through cross-coupling reactions, enabling the creation of complex molecules with tailored properties.