Used in organic synthesis as a versatile intermediate for constructing complex aromatic compounds. Its halogen and nitro groups make it reactive in cross-coupling reactions, such as Suzuki or Sonogashira couplings, enabling the formation of carbon-carbon bonds. It is also employed in the preparation of pharmaceuticals and agrochemicals due to its ability to introduce functional groups into aromatic systems. Additionally, it serves as a precursor in the development of dyes and materials with specific electronic properties.