This compound is primarily utilized in organic synthesis as an intermediate for the preparation of more complex chemical structures. It is often employed in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic properties. Additionally, it serves as a key reagent in the study of sulfonamide derivatives, which are known for their antibacterial and anti-inflammatory activities. In research settings, it is used to explore the reactivity and behavior of nitro and methoxy functional groups in various chemical reactions, aiding in the advancement of synthetic methodologies. Its role in the development of new materials and chemical processes makes it valuable in both academic and industrial laboratories.