Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its functional groups (bromo, fluoro, nitro, and hydroxyl) allow for selective substitutions, making it valuable in building complex molecules. Commonly employed in the preparation of dyes, pigments, and specialty polymers where halogen and nitro group interactions enhance material properties. Also utilized in research for designing bioactive molecules due to the combined electronic effects of fluorine and nitro substituents.