Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure allows for further functionalization, making it valuable in the development of active pharmaceutical ingredients (APIs). It is also employed in the synthesis of complex molecules for research purposes, particularly in medicinal chemistry, where its nitro and halogen groups facilitate various reactions. Additionally, it can be utilized in the preparation of dyes and pigments due to its aromatic and reactive properties.