This chemical is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the development of more complex compounds. Its structure, featuring both a nitro group and a nitrile group, makes it a valuable building block in the synthesis of heterocyclic compounds, which are often used in pharmaceuticals and agrochemicals. Additionally, it can be employed in the preparation of dyes and pigments due to its ability to form stable, colored derivatives. In research settings, it is also explored for its potential in creating novel materials with specific electronic or optical properties.