Used primarily in organic synthesis, this compound serves as an intermediate in the production of more complex chemical structures. Its nitro and methoxy functional groups make it valuable in the development of dyes and pigments, where it contributes to color stability and intensity. Additionally, it is utilized in research settings for studying reaction mechanisms involving nitroalkenes and aromatic ethers. In pharmaceutical applications, it is explored for its potential role in synthesizing bioactive molecules, particularly those with antioxidant or anti-inflammatory properties. Its unique structure also makes it a candidate for use in materials science, particularly in the development of advanced polymers and coatings.