Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals, particularly those targeting central nervous system disorders. Its structure is valuable in the development of compounds with potential anti-inflammatory and analgesic properties. Additionally, it finds application in the synthesis of dyes and pigments, where its nitro group contributes to color stability and intensity. Researchers also explore its utility in creating advanced materials, such as polymers with specific electronic properties. Its reactivity makes it a versatile building block in fine chemical manufacturing.