Used primarily in organic synthesis, this compound serves as a key intermediate in the development of pharmaceuticals and agrochemicals. Its structure is particularly valuable in the creation of heterocyclic compounds, which are essential in drug discovery for their bioactivity. Additionally, it is employed in the synthesis of dyes and pigments due to its nitro and bromo functional groups, which contribute to color and reactivity. Researchers also utilize it in material science for designing organic electronic materials, leveraging its electron-withdrawing properties.