Used primarily as an intermediate in organic synthesis, this compound plays a crucial role in the production of dyes and pigments due to its nitro and halogen functional groups. It is also utilized in the development of agrochemicals, particularly in the synthesis of herbicides and pesticides, where its structural properties enhance efficacy. Additionally, it serves as a building block in pharmaceutical research for creating compounds with potential biological activity. Its reactivity makes it valuable in various chemical transformations, including coupling reactions and further functionalization processes.