Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. Its nitro and carboxylic acid functional groups make it valuable for creating complex molecules, particularly in the development of anti-inflammatory and analgesic drugs. Additionally, it is employed in research settings for studying chemical reactions involving nitroaromatic compounds, aiding in the exploration of new synthetic pathways and mechanisms. Its derivatives are also investigated for potential applications in dye and pigment industries due to their structural properties.