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 and agrochemicals, where its unique structure allows for the introduction of fluorine and nitro groups into target molecules. Additionally, it serves as a building block in the synthesis of dyes and pigments, leveraging its ability to modify color properties. Its reactivity also makes it valuable in research settings for studying chemical reactions and developing new synthetic methodologies.