This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its unique structure makes it a valuable intermediate in the production of indole derivatives, which are known for their biological activities. It is often employed in research settings to create compounds with potential therapeutic properties, such as anti-inflammatory, antimicrobial, or anticancer agents. Additionally, its nitro group allows for further functionalization, enabling the creation of diverse chemical entities for drug discovery and development. In the agrochemical industry, it may be used to develop new pesticides or herbicides due to its reactivity and potential to inhibit specific biological pathways in pests or weeds.