Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its nitro and hydroxyl groups make it a versatile building block for constructing complex molecules, particularly in the development of drugs targeting specific biological pathways. Additionally, it is employed in research settings for studying chemical reactions involving nitroaromatic compounds, aiding in the understanding of reaction mechanisms and the design of new synthetic routes. Its applications also extend to the creation of dyes and pigments, where its structural properties contribute to the desired color and stability of the final product.