Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its reactive sites make it suitable for constructing complex molecules, particularly in the development of drugs targeting specific biological pathways. Additionally, it is employed in the synthesis of dyes and pigments due to its ability to introduce nitro and halogen groups into aromatic systems. Its versatility also extends to materials science, where it aids in the creation of specialized polymers and coatings.