Used as an intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of herbicides and plant growth regulators. Its nitro and alkoxy functional groups make it suitable for further chemical transformations, such as reduction of the nitro group to an amine for use in coupling reactions. Also employed in research settings for the preparation of liquid crystals and functionalized aromatic compounds. Shows utility in fine chemical manufacturing where selective substitution on the benzene ring is required.