Used primarily in the synthesis of various organic compounds, this chemical serves as an intermediate in the production of dyes and pigments. It is also employed in the development of pharmaceuticals, particularly in the creation of active pharmaceutical ingredients (APIs) that require nitro and hydroxyl functional groups. Additionally, it finds application in research laboratories for studying nitroaromatic compounds and their reactivity. Its properties make it suitable for use in chemical reactions that involve nitration and hydroxylation processes.