This compound is primarily used in organic synthesis as an intermediate for the development of more complex chemical structures. Its functional groups, including the nitro and ester groups, make it a versatile building block in pharmaceuticals and agrochemicals. It is often employed in the synthesis of active pharmaceutical ingredients (APIs) where the fluorine and methoxy groups can enhance biological activity or modify pharmacokinetic properties. Additionally, it serves as a precursor in the preparation of dyes and pigments due to its aromatic nitro group, which can undergo further chemical transformations. Its application in research and development is significant, particularly in the exploration of new drug candidates and specialty chemicals.