Used primarily in the synthesis of agrochemicals and pharmaceuticals, this compound serves as a key intermediate in the development of plant growth regulators and pest control agents. Its nitro and carboxylic functional groups allow for versatile chemical modifications, enabling the production of derivatives with enhanced biological activity. It is particularly valuable in creating pyrazole-based compounds that exhibit herbicidal or insecticidal properties. Additionally, its cyclopentyl moiety contributes to improved metabolic stability in certain bioactive molecules, making it useful in the design of more effective crop protection chemicals.