Used primarily in organic synthesis, this compound serves as a key intermediate in the development of pharmaceuticals and agrochemicals. Its structure, featuring both an ethynyl group and a nitro group, makes it valuable for constructing complex molecules through reactions like Sonogashira coupling and nucleophilic substitution. It is particularly useful in the synthesis of heterocyclic compounds, which are often found in drugs targeting various diseases. Additionally, its nitro group can be reduced to an amine, enabling further functionalization for creating bioactive molecules. In research, it is employed to study reaction mechanisms and develop new synthetic methodologies.