Primarily used in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows for further functionalization, making it valuable in the development of compounds with potential biological activity. It is also utilized in research settings for studying chemical reactions involving nitro and amino groups, aiding in the discovery of new drugs and materials. Additionally, its properties are explored in the synthesis of dyes and pigments, contributing to advancements in industrial applications.