Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients requiring nitroaromatic and brominated building blocks. Its functional groups enable selective reactions, such as bromine displacement in cross-coupling reactions or reduction of the nitro group to an amine for further derivatization. Commonly employed in the preparation of dyes, fluorescent probes, and specialty organic compounds where aldehyde reactivity supports condensation or cyclization steps. Its structural features make it valuable in research settings for constructing complex heterocyclic systems.