This chemical is primarily used in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its structure makes it a valuable intermediate in the production of complex molecules, especially those requiring halogen and nitro groups for further functionalization. It is often employed in the creation of dyes and pigments due to its ability to introduce specific color properties. Additionally, it serves as a key building block in research and development for designing biologically active compounds, such as potential drug candidates or pesticides. Its applications are largely centered around its role as a versatile intermediate in organic synthesis.