Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the preparation of substituted anilines and benzimidazoles. Its functional groups allow for selective transformations, making it valuable in multi-step organic syntheses. Commonly employed in cross-coupling reactions such as Suzuki or Heck reactions, where the bromine moiety facilitates carbon-carbon bond formation. Also utilized in the development of dyes and functional materials due to its nitro group, which can be reduced to an amine for further derivatization.