Used primarily in the synthesis of pharmaceuticals, this compound serves as an intermediate in the production of various drugs, particularly those targeting bacterial infections. It plays a key role in the development of nitroaromatic compounds, which are essential in antimicrobial agents. Additionally, it is utilized in organic chemistry research for studying nitration and esterification reactions, aiding in the creation of complex molecules. Its applications also extend to the dye industry, where it contributes to the formulation of specific colorants.