Used in organic synthesis as an intermediate for pharmaceuticals and agrochemicals. Exhibits fluorescence properties, making it useful in the development of optical sensors and dyes. Serves as a building block in the preparation of bioactive compounds, particularly in research focused on antimicrobial and antitumor agents. Its nitroaromatic group enables participation in reduction reactions, facilitating the synthesis of amino derivatives for further functionalization. Also employed in materials science for designing electron-accepting components in organic electronics.