Used primarily as an intermediate in the synthesis of dyes and pigments, it plays a crucial role in producing vibrant colors for textiles and inks. Additionally, it serves as a building block in the manufacture of agrochemicals, particularly herbicides and pesticides, aiding in crop protection and yield improvement. Its nitro and methoxy groups make it valuable in organic synthesis for creating complex molecules in pharmaceuticals and specialty chemicals. The compound is also utilized in research and development for studying chemical reactions and developing new materials.