Primarily utilized in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its bromine and nitro groups make it a versatile building block for constructing complex molecules through substitution and coupling reactions. In pharmaceutical research, it is often employed to develop active ingredients targeting specific biological pathways. Additionally, it finds use in the synthesis of dyes and pigments due to its aromatic structure and functional groups, which contribute to color development and stability. Its reactivity also makes it valuable in material science for creating specialized polymers and coatings.