Used primarily in organic synthesis as an intermediate for the production of more complex chemical compounds. It is often employed in the development of pharmaceuticals, particularly in the creation of active pharmaceutical ingredients (APIs) that require specific aromatic substitution patterns. Additionally, it serves as a building block in the synthesis of agrochemicals, where its nitro and iodo functional groups facilitate further chemical modifications. In research, it is utilized in the study of electrophilic aromatic substitution reactions, helping to understand reaction mechanisms and optimize synthetic pathways. Its unique structure also makes it valuable in the preparation of dyes and pigments, where precise molecular design is crucial for achieving desired color properties. Additionally, it is suitable for nucleophilic substitution reactions and various coupling reactions due to the iodo and nitro groups.