Primarily used in the synthesis of organic compounds, this chemical serves as an intermediate in the production of dyes and pigments, particularly in the development of colorants for textiles and inks. Its structure is also valuable in the creation of liquid crystal materials, which are essential for display technologies like LCDs. Additionally, it finds application in research laboratories for studying organic reactions and developing new chemical entities with potential pharmaceutical or industrial uses. Its nitro and bromo functional groups make it a versatile building block in organic synthesis.