Used primarily as an intermediate in organic synthesis, this compound plays a key role in the preparation of pharmaceuticals and agrochemicals. Its nitro and amide functional groups allow for selective reductions and coupling reactions, making it valuable in the development of active pharmaceutical ingredients (APIs). It is also employed in the synthesis of dyes and specialty polymers where controlled electron-withdrawing properties are required. Additionally, it serves as a building block in research settings for developing novel bioactive molecules and heterocyclic compounds.