Used primarily in the synthesis of dyes and pigments, it serves as an intermediate in the production of colorants for textiles and other materials. Its nitro and methoxy functional groups make it valuable in organic reactions, particularly in the development of complex chemical structures. Additionally, it finds application in research laboratories for studying nitration and methylation processes. In the pharmaceutical industry, it can be utilized as a building block for the synthesis of certain active compounds. Its role in creating specialized chemicals highlights its importance in industrial and scientific applications.