Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its functional groups—nitro and ester—allow for selective reductions and coupling reactions, making it valuable in constructing complex molecules. Commonly employed in the development of active pharmaceutical ingredients (APIs) where the nitro group can be reduced to an amine for further derivatization. Also utilized in the synthesis of dyes and specialty polymers due to its aromatic structure and reactivity.