Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients requiring substituted aromatic rings. Its functional groups—bromo and nitro—allow for selective cross-coupling reactions and nucleophilic substitutions, making it valuable in building complex organic molecules. Commonly employed in the preparation of dyes, fluorescent probes, and specialty polymers due to its reactivity and structural features. Also utilized in research settings for the development of new synthetic methodologies involving aldehyde transformations or nitro group reductions.