Used as a flame retardant in polymers and resins due to its ability to release nitro groups that interfere with combustion processes. It is also employed in electronic materials as a dopant or stabilizer in certain organic semiconductors. Its strong electron-withdrawing properties make it suitable for use in sensors and optoelectronic devices where charge transport control is required. Additionally, it has been investigated in chemical synthesis as a reagent for phosphorylation and nitration reactions.