Used primarily in organic synthesis, this chemical serves as an intermediate in the production of more complex compounds, particularly in pharmaceutical research. It is often employed in the development of active pharmaceutical ingredients (APIs) due to its functional groups, which can be modified to create targeted molecules. Additionally, it is utilized in the study of nitroaromatic compounds, which are significant in the development of dyes, agrochemicals, and other industrial chemicals. Its stability and reactivity make it a valuable component in multi-step synthetic processes.