Used primarily in organic synthesis, this compound serves as a versatile intermediate for the preparation of various organic molecules. It is particularly valuable in the synthesis of pharmaceuticals and agrochemicals, where its bromine atoms can be utilized for further functionalization. Additionally, it finds application in materials science, contributing to the development of organic electronic materials due to its quinone structure, which can influence electronic properties. Its reactivity also makes it useful in research settings for studying redox reactions and electron transfer processes.