Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its structure allows for selective functionalization, making it valuable in building complex molecules where the nitro and bromo groups can be transformed or displaced in subsequent reactions. Commonly employed in cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations to form carbon-carbon or carbon-nitrogen bonds. Also utilized in the preparation of dyes and functional materials due to its electron-withdrawing nitro group and halogen reactivity.