Used in organic synthesis as a versatile intermediate for the preparation of various heterocyclic compounds. It is particularly valuable in the development of pharmaceuticals, where it serves as a building block for drugs targeting specific biological pathways. Additionally, it finds application in the synthesis of agrochemicals, contributing to the creation of pesticides and herbicides. Its nitro and aldehyde functional groups make it a key reactant in the production of dyes and pigments, enhancing color properties in industrial applications. Researchers also utilize it in material science for the development of advanced polymers and coatings with tailored properties.