Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the production of certain fungicides and herbicides. It serves as a building block in organic reactions where selective bromination and nitro group transformations are required. Commonly employed in the preparation of dyes and fluorescent compounds due to its ability to undergo nucleophilic substitution under mild conditions. Also utilized in research for the development of new bioactive molecules and in the fabrication of specialty polymers with enhanced thermal stability.