This chemical is primarily utilized in advanced material science and organic synthesis due to its unique structural properties. It serves as a key intermediate in the development of high-performance polymers and coatings, where its nitro and oxide groups contribute to enhanced thermal stability and chemical resistance. Additionally, its chiral structure makes it valuable in asymmetric catalysis, particularly in pharmaceutical synthesis, where it aids in producing enantiomerically pure compounds. The compound is also explored in optoelectronic applications, such as organic light-emitting diodes (OLEDs), due to its potential for efficient charge transport and luminescence properties.