Used as an intermediate in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key building block in the production of thiophene derivatives, which are valuable in medicinal chemistry for creating drugs with potential antibacterial, antifungal, and anti-inflammatory properties. Additionally, it is employed in research for designing novel materials and sensors due to its unique electronic properties. Its nitro and aldehyde functional groups make it a versatile reagent in organic synthesis, facilitating the creation of complex molecules with specific biological or industrial applications.