Used primarily as an intermediate in organic synthesis, this compound plays a crucial role in the production of various dyes and pigments. Its application extends to the development of liquid crystals, which are essential components in display technologies such as LCDs. Additionally, it serves as a building block in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals, where its bromo and nitro functional groups facilitate further chemical modifications. Its utility in research and industrial processes underscores its importance in advancing material science and chemical manufacturing.