Used primarily as an intermediate in organic synthesis, this compound is valuable in the production of various pharmaceuticals and agrochemicals. It plays a key role in the development of active pharmaceutical ingredients (APIs), particularly in the creation of compounds with nitro and bromo substituents that exhibit specific biological activities. Additionally, it is utilized in the synthesis of dyes and pigments, where its reactive acyl chloride group enables the formation of complex organic molecules. Its application extends to research laboratories, where it serves as a building block for the preparation of more complex chemical entities in medicinal chemistry and material science.