Used primarily in research and development, particularly in the field of coordination chemistry, where it serves as a ligand to form complexes with various metals. These complexes are studied for their potential applications in catalysis and material science. Additionally, it is explored in the synthesis of novel organic compounds and in the study of electron transfer processes due to its nitro groups, which can influence electronic properties. Its role in photochemical studies is also notable, as it can participate in light-induced reactions.