Used primarily as an intermediate in the synthesis of advanced organic materials, particularly in the development of specialty dyes and pigments. Its polycyclic structure and nitro functional group make it valuable in creating compounds with intense color and lightfastness, suitable for high-performance inks and coatings. It also shows potential in the research of photoactive compounds for optoelectronic applications, such as organic semiconductors and sensors, due to its ability to undergo controlled redox reactions and stabilize charge-transfer states.