Used primarily in organic synthesis, this compound serves as an intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of active ingredients for drugs targeting specific diseases, including anti-inflammatory and antimicrobial agents. Additionally, it plays a role in the synthesis of dyes and pigments, contributing to the coloration of materials in industrial applications. Its nitro and ester functional groups make it versatile for further chemical modifications, enabling the creation of complex molecules with specific properties.