Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of pyridine-based drugs. It serves as a building block in agrochemicals for creating herbicides and insecticides due to its reactive bromo and nitro functional groups. Commonly employed in cross-coupling reactions like Suzuki and Heck reactions to form carbon-carbon bonds in complex molecules. Also utilized in the preparation of dyes and functional materials where nitroaromatic compounds are required. Its selectivity in substitution reactions makes it valuable in fine chemical synthesis.