Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure allows for further functionalization, making it valuable in the development of active ingredients for drugs targeting various diseases. Additionally, it is employed in the synthesis of dyes and pigments due to its ability to introduce nitro and chloro groups into aromatic systems, enhancing color properties. In research, it is utilized for studying electrophilic substitution reactions in heterocyclic chemistry.