Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows for the introduction of fluorine and nitro groups into target molecules, enhancing their biological activity and stability. It is particularly valuable in the development of antifungal and antibacterial agents. Additionally, it finds application in the synthesis of dyes and pigments due to its ability to form complex aromatic structures. Its reactivity makes it a versatile building block in fine chemical manufacturing.