This chemical is primarily utilized in organic synthesis as an intermediate for the production of more complex compounds. It is often employed in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that require specific nitro and bromo functional groups. Additionally, it serves as a key building block in the creation of dyes and pigments, where its structural properties contribute to the desired color and stability of the final product. Its reactivity also makes it suitable for use in research and development for creating novel organic materials with potential applications in electronics or advanced polymers.