This chemical is primarily utilized in organic synthesis as a versatile intermediate for the production of various pharmaceuticals and agrochemicals. Its structure allows it to participate in reactions that form complex molecules, particularly in the development of compounds with potential biological activity. It is often employed in the synthesis of pyridine derivatives, which are key components in drugs targeting infections, inflammation, and other medical conditions. Additionally, its nitro, chloro, and hydroxy groups make it a valuable precursor for further functionalization, enabling the creation of specialized chemicals for research and industrial applications.