Used in organic synthesis, it serves as a key intermediate in the production of various fine chemicals and pharmaceuticals. Its nitro group and conjugated double bond make it valuable in creating compounds with potential biological activity, such as antimicrobial or anticancer agents. It is also employed in the development of organic electronic materials due to its ability to participate in charge-transfer interactions. Additionally, it is utilized in research for studying reaction mechanisms, particularly in photochemical processes, owing to its light-sensitive properties.