Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the development of compounds with potential biological activity, such as antimicrobial or antifungal agents. Additionally, it plays a role in the synthesis of dyes and pigments due to its nitro and bromo functional groups, which facilitate further chemical modifications. Its application in research also extends to the study of reaction mechanisms and the development of novel synthetic pathways.