Used primarily as an intermediate in the synthesis of advanced organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its structure allows for further functionalization through cross-coupling reactions, making it valuable in creating complex aromatic systems. Commonly employed in the preparation of liquid crystals and dyes due to its halogen and nitro group positioning, which facilitates substitution reactions. Also finds use in research settings for constructing novel heterocyclic compounds and in the design of functional materials requiring specific electronic properties.