This chemical is primarily utilized in organic synthesis as an intermediate for the production of various compounds, particularly in the pharmaceutical and agrochemical industries. Its structure, featuring a nitrovinyl group, makes it valuable in reactions such as Michael additions, where it can act as an electrophile. Additionally, it is employed in the development of dyes and pigments due to its ability to form conjugated systems that enhance color properties. In research, it serves as a building block for synthesizing more complex molecules, including those with potential biological activity. Its applications also extend to material science, where it can be used in the preparation of polymers or coatings with specific functional properties.