Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of more complex molecules for pharmaceuticals and agrochemicals. Its functional groups—bromine, nitro, and hydroxyl—allow for selective reactions such as nucleophilic substitutions, reductions, and coupling reactions. The bromine enables cross-coupling reactions like Suzuki or Heck couplings, while the nitro group can be reduced to an amine for further derivatization. The hydroxyl group provides a site for esterification or ether formation. It is particularly valuable in the development of bioactive compounds where aromatic nitro derivatives are key structural elements.