This compound is primarily utilized in the synthesis of advanced chemical intermediates, particularly in the development of pharmaceutical agents. Its structure allows it to act as a key building block in the creation of compounds with potential biological activity, such as antimicrobial or anti-inflammatory agents. The presence of both chloro and nitro groups enhances its reactivity, making it suitable for further chemical modifications. Additionally, it is employed in research settings to study structure-activity relationships, aiding in the design of new drugs. Its combination with 2-aminoethanol improves solubility and stability, facilitating its use in various experimental and industrial processes.