Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of herbicides and dyes. Its functional groups—chloro, hydroxy, and nitro—allow for further chemical modifications, making it valuable in organic synthesis. Commonly employed in reactions where selective substitution or reduction is required, especially in constructing complex aromatic systems. Also utilized in research settings for designing bioactive molecules due to its electron-withdrawing substituents that influence reactivity and binding properties.