Used in organic synthesis as an intermediate for pharmaceuticals and fine chemicals, particularly in the development of bioactive molecules and nitro-containing derivatives. Its functional groups—hydroxy, nitro, and benzamido—allow for selective transformations, making it valuable in constructing complex aromatic compounds. Commonly employed in research settings for designing enzyme inhibitors or antimicrobial agents due to its structural similarity to known pharmacophores. Also utilized in the preparation of dyes and UV-absorbing materials owing to its conjugated aromatic system and strong electron-withdrawing nitro group.