Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its structure allows for selective functionalization, making it valuable in multi-step synthesis where controlled reactivity is needed. The presence of both methoxy and nitro groups enables further transformations such as reduction of the nitro group to an amine, which can then participate in coupling reactions. It is also employed in the development of dyes and functional materials due to its aromatic and electron-withdrawing characteristics.