This chemical is primarily used in organic synthesis as an intermediate for the production of more complex compounds. It is particularly valuable in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs) due to its nitro and ester functional groups, which can be modified to create various drug molecules. Additionally, it finds application in the synthesis of agrochemicals, where its structure can be tailored to produce herbicides, fungicides, or insecticides. Its fluorine atom enhances the biological activity and stability of the resulting compounds, making it a key component in research and development for both medicinal and agricultural chemistry.