Used primarily as an intermediate in organic synthesis, especially in the development of pharmaceuticals and agrochemicals. Its structure contains both nitro and carbonyl functional groups, making it suitable for use in condensation reactions and cyclization processes. It is particularly valuable in the preparation of heterocyclic compounds, which are common scaffolds in bioactive molecules. The compound’s conjugated system also allows for applications in photochemical studies and as a building block in the synthesis of dyes or fluorescent analogs. Its solubility in common organic solvents facilitates its use in solution-phase reactions.