Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate in the production of various active ingredients. Its nitro and cyano groups make it a versatile building block for creating complex molecules, particularly in the development of dyes and pigments. Additionally, it plays a role in organic synthesis for constructing heterocyclic compounds, which are essential in medicinal chemistry for designing drugs with specific biological activities. Its applications also extend to research and development, where it is utilized in studying reaction mechanisms and developing new synthetic pathways.