Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows for further chemical modifications, making it valuable in the development of complex molecules. Additionally, it is employed in research settings to study nitroaromatic compounds and their reactivity. The compound’s nitro and methoxy groups contribute to its utility in creating dyes and pigments, particularly in industries requiring specialized colorants. Its role in synthesizing biologically active molecules also makes it relevant in drug discovery and development processes.