Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a building block for creating complex molecules due to its reactive bromo and nitro groups. Applied in the development of dyes and pigments, where its structure contributes to color properties. Also utilized in research for studying reaction mechanisms and developing new synthetic routes. Its functional groups make it valuable in cross-coupling reactions, which are essential in constructing carbon-carbon bonds in organic chemistry.