This chemical is primarily used in the synthesis of various organic compounds, particularly in the development of dyes and pigments. Its structure allows it to act as an intermediate in the production of colorants, which are then utilized in textile, paper, and ink industries. Additionally, it finds application in the field of agrochemicals, where it serves as a building block for creating pesticides and herbicides. Its nitro and cyano functional groups make it a valuable component in research and development of new chemical entities, especially in pharmaceuticals, where it may be used to develop active ingredients for therapeutic drugs.