Used as an intermediate in the synthesis of dyes and pharmaceuticals, particularly in the preparation of nitroaromatic compounds that serve as precursors for further substitution reactions. Its chloroethoxy and nitro functional groups allow for selective transformations, making it valuable in organic synthesis for introducing aromatic nitro groups with ether-linked side chains. Commonly employed in the development of agrochemicals and specialty polymers due to its reactivity and stability under various reaction conditions.