This chemical is primarily utilized in the synthesis of various pharmaceutical compounds and agrochemicals. Its structure serves as a key intermediate in the development of active ingredients for drugs, particularly those targeting specific enzymatic pathways. In the agricultural sector, it is employed in the production of pesticides and herbicides, where its nitro and carboxylate groups enhance the efficacy of the final product. Additionally, it finds application in organic research as a building block for more complex molecules, aiding in the study of chemical reactions and material properties.