Used primarily in the synthesis of agrochemicals and pharmaceuticals, this compound serves as a key intermediate in the production of herbicides and fungicides. Its nitro and nitrile functional groups make it valuable in organic synthesis, particularly in reactions like nucleophilic substitution and reduction. Additionally, it is employed in the development of dyes and pigments due to its ability to form stable aromatic structures. In research, it is utilized for studying reaction mechanisms and developing new chemical entities with potential biological activity.