Used primarily in organic synthesis, it serves as a key intermediate in the preparation of various heterocyclic compounds. Its reactive nature makes it valuable in the formation of benzimidazole derivatives, which are significant in pharmaceutical research for developing drugs with potential antimicrobial and anticancer properties. Additionally, it is employed in the synthesis of dyes and pigments, contributing to the production of colorants for industrial applications. Its nitro group enhances reactivity, facilitating its use in nucleophilic substitution reactions, which are crucial in constructing complex molecular structures.