Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals, particularly in the development of drugs targeting neurological and cardiovascular conditions. Its nitro group makes it a valuable precursor for the synthesis of various heterocyclic compounds, which are often employed in medicinal chemistry. Additionally, it is utilized in agrochemical research for creating novel pesticides and herbicides. The compound’s reactivity also allows it to be a building block in the synthesis of dyes and pigments for industrial applications. Its role in cross-coupling reactions further extends its use in advanced material science, particularly in the creation of functionalized organic molecules.