Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a building block in the development of fluorinated and brominated aromatic compounds. Its nitro group allows for further functionalization, such as reduction to an amine, enabling the formation of complex molecules used in drug discovery. The presence of both fluorine and bromine atoms provides sites for cross-coupling reactions, making it valuable in the preparation of bioactive molecules and specialty chemicals. It is also employed in research settings for the design of novel organic materials and functionalized benzene derivatives.