Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated compounds with enhanced biological activity. Its nitro and aldehyde functional groups allow for further chemical transformations, such as reduction of the nitro group or condensation reactions via the aldehyde, making it valuable in constructing complex organic molecules. Commonly employed in the preparation of dyes, fluorescent probes, and specialty chemicals where halogen substitution improves stability or reactivity.