This chemical is primarily utilized in the synthesis of organic compounds, particularly in the development of dyes and pigments. Its structure allows it to act as an intermediate in the production of colorants that are used in various industries, including textiles and inks. Additionally, it plays a role in the creation of specialized chemicals for research purposes, where its nitro and carboxylic acid groups enable further functionalization. Its applications also extend to the pharmaceutical sector, where it can be used in the synthesis of active pharmaceutical ingredients (APIs) or as a building block for more complex molecules.