Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients requiring nitroaromatic and brominated building blocks. Its functional groups allow for selective reactions, such as bromine displacement in nucleophilic substitution or reduction of the nitro group to form amines. Commonly employed in the preparation of dyes, fluorescent compounds, and heterocyclic systems through cyclization reactions. Also utilized in research for constructing complex organic molecules where regioselective substitution is critical.