Primarily used as an intermediate in organic synthesis, this compound plays a crucial role in the production of various agrochemicals and pharmaceuticals. Its structure allows for further functionalization, making it valuable in the development of herbicides, insecticides, and other specialty chemicals. Additionally, it serves as a building block in the synthesis of complex molecules for research and industrial applications, particularly in the field of fine chemicals. Its nitro and halogen groups make it reactive, enabling its use in cross-coupling reactions and other transformations in synthetic chemistry.