Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It plays a role in cross-coupling reactions, such as Suzuki and Sonogashira reactions, to create complex aromatic compounds. Its nitro and halogen groups make it a versatile building block for further functionalization in drug discovery and material science. Additionally, it is employed in the development of dyes and pigments due to its aromatic structure and reactivity.