Used primarily as a reactive intermediate in organic synthesis, this compound serves in the preparation of functionalized polymers and specialty esters. Its bromomethyl group enables facile substitution reactions, making it valuable for introducing acrylate functionality into larger molecules. It is employed in the development of crosslinking agents for coatings and adhesives, where it enhances durability and chemical resistance. Additionally, it acts as a building block in synthesizing pharmaceuticals and agrochemicals, leveraging its ability to form carbon-carbon bonds under palladium or copper catalysis. Handling requires caution due to its lachrymatory and skin-sensitizing properties.