Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It plays a role in the production of compounds with potential anti-inflammatory, antibacterial, or anticancer properties. Additionally, it is utilized in organic chemistry research for constructing complex molecular structures due to its reactive functional groups. The compound is also employed in the preparation of dyes and pigments, contributing to the coloration of various materials. Its nitro, cyano, and ester groups make it a valuable building block in fine chemical manufacturing.