Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients that require nitro-aromatic and cyano-functionalized building blocks. Its structure supports ring transformations and nucleophilic substitutions, making it valuable in heterocyclic chemistry for constructing complex molecules. Commonly employed in the preparation of dyes, fluorescent probes, and specialty organic compounds where electron-withdrawing groups enhance reactivity or photophysical properties. Also applied in research settings for designing kinase inhibitors and anti-inflammatory agents due to its ability to mimic biologically active aromatic scaffolds.