This chemical is primarily used in organic synthesis as a versatile intermediate for the development of various compounds. It is particularly valuable in the pharmaceutical industry for the preparation of active pharmaceutical ingredients (APIs) due to its reactive bromomethyl and nitro groups, which facilitate further functionalization. In material science, it serves as a building block for the synthesis of advanced polymers and organic electronic materials, contributing to the development of conductive or semiconductive properties. Additionally, it is employed in the synthesis of agrochemicals, where its structural features are utilized to create novel pesticides or herbicides. Its reactivity also makes it useful in research settings for studying reaction mechanisms and developing new synthetic methodologies.