This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting specific enzyme inhibitors. It serves as a key intermediate in the production of molecules designed for therapeutic applications, such as anti-inflammatory and antimicrobial agents. Additionally, it is employed in agrochemical research for developing novel pesticides and herbicides, owing to its structural properties that allow for effective interaction with biological targets. Its nitro and methoxy groups make it a versatile building block in organic synthesis, enabling the creation of complex chemical structures for further exploration in medicinal and agricultural chemistry.