Primarily used in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of thiophene-based compounds, which are often explored for their potential therapeutic properties. Additionally, it is utilized in material science for the synthesis of organic semiconductors and conductive polymers, contributing to advancements in electronic devices. Its bromine atoms make it a useful building block for further functionalization in complex chemical reactions.