This chemical is primarily used in organic synthesis as an intermediate for the production of more complex compounds. It finds application in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that require nitro and amino functional groups for their biological activity. Additionally, it is employed in the research and development of dyes and pigments, where its nitro group contributes to color formation. Its ester functional group also makes it useful in the preparation of polymers and coatings, where it can act as a building block for modifying material properties.