This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of agrochemicals, including herbicides and pesticides, due to its structural properties that allow for effective modification and functionalization. Additionally, it is employed in organic chemistry research for the creation of complex molecules, where its nitro and halogen groups facilitate further chemical transformations. Its application extends to the field of material science, where it is used in the development of specialized polymers and coatings with unique properties.