Used primarily as an intermediate in organic synthesis, it plays a key role in the production of pharmaceuticals and agrochemicals. Its reactive bromomethyl group enables it to participate in various alkylation reactions, making it valuable for constructing complex molecular structures. Additionally, it is employed in the development of dyes and pigments, contributing to the colorant industry. The compound’s nitro and chloro groups further enhance its versatility in chemical transformations, particularly in the synthesis of active pharmaceutical ingredients (APIs) and specialty chemicals.