This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various complex molecules. Its unique structure allows it to participate in reactions that form important frameworks for pharmaceuticals and agrochemicals. Specifically, it is often employed in the development of compounds with potential biological activity, such as antimicrobial or antifungal agents. Additionally, its nitro and methoxy functional groups make it a valuable precursor in the synthesis of dyes and pigments, contributing to the coloration of materials in industrial applications. Researchers also explore its use in creating novel materials with specific electronic properties, which can be applied in the development of advanced technologies.