Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of nitro-containing bioactive molecules. Its functional groups—hydroxyl, nitro, and nitrile—allow for selective chemical modifications, making it valuable in constructing complex organic compounds. Commonly employed in the preparation of dyes and pigments due to its aromatic structure and electron-withdrawing groups. Also finds use in research settings for designing novel heterocyclic compounds through cyclization reactions.