Used primarily as an intermediate in the synthesis of more complex chemical compounds, particularly in the pharmaceutical and agrochemical industries. It plays a role in the development of dyes and pigments due to its nitro and phenol functional groups, which contribute to color formation. Additionally, it is utilized in organic synthesis for constructing molecules with specific biological activities, such as antimicrobial or antifungal agents. Its bromine atom makes it a valuable building block in cross-coupling reactions, which are essential in creating advanced materials and active pharmaceutical ingredients.