Used primarily in organic synthesis, this compound serves as an intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows it to participate in reactions that form more complex molecules, particularly those requiring nitro and ester functional groups. In research, it is utilized to study reaction mechanisms involving nitroaromatics and ester derivatives. Additionally, it may be employed in the development of dyes and pigments due to its aromatic nitro group, which can contribute to color formation. Its isopropylamino group also makes it a potential candidate for modifying the properties of target molecules, such as enhancing solubility or bioavailability in drug design.