Used primarily in the synthesis of dyes and pigments, this compound plays a key role in producing vibrant colors for textiles and industrial materials. It also serves as an intermediate in the manufacture of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for various therapeutic applications. Additionally, it is utilized in organic research for constructing complex molecules due to its reactive functional groups. Its nitro and bromo groups make it valuable in cross-coupling reactions, which are essential in creating advanced organic compounds.