Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients that require selective substitution on aromatic rings. Its dual halogen functionality allows for sequential cross-coupling reactions, making it valuable in constructing complex organic molecules. Commonly employed in the preparation of dyes, fluorescent probes, and functional materials where nitro group reduction followed by further derivatization is needed. Also utilized in research settings for the development of novel catalysts and ligands in palladium-catalyzed reactions.