This chemical is primarily used in organic synthesis as an intermediate for the production of more complex compounds. It is particularly valuable in the synthesis of dyes, pigments, and pharmaceuticals due to its reactive hydroxyl and nitro groups. Additionally, it finds application in the development of photoactive materials, where its nitro group can act as a photosensitive component. In research, it is utilized in the study of nitrophenol derivatives for their potential biological and chemical properties. Its unique structure also makes it a candidate for use in polymer chemistry, where it can be incorporated into polymers to modify their properties.