Used primarily as an intermediate in the synthesis of dyes and pigments, particularly in the production of azo dyes, which are widely applied in textiles, inks, and coatings. It also serves as a building block in organic synthesis for creating complex molecules in pharmaceuticals and agrochemicals. Its nitro and iodo functional groups make it valuable for further chemical modifications, enabling the development of compounds with specific properties. Additionally, it finds use in research and development for studying reaction mechanisms and developing new chemical processes.