Used primarily in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a key building block in the synthesis of complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). Additionally, it is employed in research laboratories for studying nitration reactions and esterification processes. Its nitro group makes it a useful precursor for further chemical modifications, such as reduction to amines or conversion to other functional groups. In industrial settings, it may also be utilized in the manufacture of dyes and pigments due to its aromatic structure.