Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for therapeutic drugs. It plays a role in the production of compounds with potential antibacterial, antifungal, or anti-inflammatory properties. Additionally, it is utilized in organic chemistry research for constructing complex molecules through various reactions, such as esterification or etherification, due to the presence of both hydroxyl and nitro groups. Its chloro and nitro substituents make it a valuable building block in the design of agrochemicals, including pesticides and herbicides. The compound is also explored in material science for developing functionalized polymers or coatings with specific chemical properties.