This chemical is primarily used in organic synthesis as a versatile building block for the creation of more complex molecules. It is particularly valuable in click chemistry reactions, where it can participate in cycloaddition reactions to form triazole derivatives. These derivatives are often employed in the development of pharmaceuticals, agrochemicals, and materials science. Additionally, its bromoethyl group makes it a useful intermediate for further functionalization, enabling the attachment of various substituents or the creation of polymer chains. Its applications extend to the field of bioconjugation, where it can be used to label biomolecules for research or diagnostic purposes.