Used primarily in organic synthesis, this compound serves as an intermediate in the production of dyes and pigments. Its structure allows for further functionalization, making it valuable in creating complex molecules for industrial applications. Additionally, it is employed in research settings for studying nitration and halogenation reactions, providing insights into reaction mechanisms and product formation. Its nitro and halogen groups make it a useful building block in the development of agrochemicals and pharmaceuticals, where specific molecular modifications are required.