This chemical is primarily utilized in organic synthesis as a key intermediate in the production of various pharmaceuticals and fine chemicals. Its structure makes it valuable for constructing complex molecules, particularly in the development of compounds with potential biological activity. It is often employed in reactions such as nucleophilic substitutions or Michael additions, enabling the creation of diverse chemical frameworks. Additionally, it serves as a precursor in the synthesis of heterocyclic compounds, which are widely explored for their medicinal properties. Its nitro and methoxy groups contribute to its reactivity, making it a versatile building block in research and industrial applications.