Used primarily as an intermediate in the synthesis of various organic compounds, particularly in the development of dyes, pigments, and pharmaceuticals. It plays a role in the production of heterocyclic compounds, which are essential in medicinal chemistry for creating drugs with antibacterial, antifungal, or anti-inflammatory properties. Additionally, it is utilized in research laboratories for studying chemical reactions and mechanisms involving nitro and thiol groups. Its derivatives are also explored in material science for potential applications in electronic and optical materials.