Ethyl 2-(1-Nitronaphthalen-2-Yl)Acetate is primarily used in organic synthesis as an intermediate for the production of more complex chemical compounds. It plays a significant role in the development of dyes and pigments due to its nitronaphthalene structure, which is effective in creating vibrant colors. Additionally, it is utilized in the pharmaceutical industry for the synthesis of various active pharmaceutical ingredients (APIs), particularly those involving naphthalene derivatives. Its application extends to research and development, where it serves as a building block for studying chemical reactions and developing new materials.