Used as an intermediate in the synthesis of pharmaceuticals and fine chemicals, particularly in the development of active pharmaceutical ingredients (APIs) where nitro and methoxy functional groups are required for further transformations. Its ester and nitro groups allow for selective reduction and hydrolysis reactions, making it valuable in multi-step organic syntheses. Commonly employed in the preparation of dyes, agrochemicals, and specialty polymers due to its aromatic structure and reactive sites. Also utilized in research settings for the construction of complex organic molecules through cross-coupling or nucleophilic substitution reactions.