This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs that target specific medical conditions, often involving anti-inflammatory or antimicrobial properties. Additionally, it is utilized in organic chemistry research for the preparation of nitroaromatic compounds, which are valuable in studying reaction mechanisms and developing new synthetic pathways. Its functional groups make it a versatile building block in the creation of complex molecules for both medicinal and industrial applications.