Used primarily as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, this compound plays an important role in constructing complex heterocyclic systems. Its reactivity allows for the introduction of bromo and ketone functionalities, making it valuable in cross-coupling reactions and nucleophilic substitutions. It is especially useful in the development of thiophene-based bioactive molecules, including herbicides and fungicides. Additionally, it serves as a building block in research settings for designing novel compounds with potential antimicrobial or anti-inflammatory activity.