Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of nitro-substituted aromatic compounds. Its hydroxyl and nitro functional groups allow for further chemical modifications, making it valuable in organic synthesis. Commonly employed in the preparation of dyes and UV-absorbing compounds due to its aromatic structure and electron-withdrawing nitro group. Also explored in research for photochemical applications and as a building block in the creation of bioactive molecules.