This chemical is primarily utilized in organic synthesis as a key intermediate for the development of more complex molecules. Its structure, featuring a nitro group and an ester functional group, makes it suitable for various chemical transformations, including reduction and cyclization reactions. It is often employed in the synthesis of pharmaceuticals, particularly in the creation of compounds with potential biological activity. Additionally, it can be used in the preparation of agrochemicals and other specialty chemicals, where its unique reactivity allows for the construction of diverse molecular frameworks. Its applications are largely confined to research and industrial settings, where it serves as a building block for the development of novel compounds.