This chemical is primarily used in organic synthesis as an intermediate for the production of more complex compounds. It is particularly valuable in the development of dyes and pigments due to its nitro groups, which contribute to color formation. Additionally, it finds application in the field of materials science, where it is utilized in the synthesis of polymers and coatings with specific optical or electronic properties. Its structure also makes it a potential candidate for research in photochemistry and as a building block in the creation of pharmaceutical compounds.