This chemical is primarily utilized in organic synthesis as a key intermediate in the production of various pharmaceuticals and fine chemicals. It serves as a precursor in the synthesis of compounds with potential biological activity, particularly in the development of drugs targeting neurological and cardiovascular disorders. Additionally, it is employed in the preparation of dyes and pigments, contributing to the vibrant coloration of materials in the textile and printing industries. Its nitro group also makes it a valuable component in the study of nitroaromatic compounds, which are significant in explosives and propellant research.