Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals. Its nitro and aldehyde functional groups allow for versatile chemical transformations, such as reduction of the nitro group to an amine or conversion of the aldehyde to other functional groups like alcohols or carboxylic acids. Commonly employed in the preparation of dyes, pigments, and fine chemicals where substituted aromatic rings are required. Also finds use in research settings for building more complex organic molecules through condensation or cyclization reactions.