Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its nitro and ester functional groups make it versatile for reactions like Michael additions and nucleophilic substitutions, enabling the creation of complex molecules. It is also employed in the development of fine chemicals and specialty materials, where its unique structure contributes to the design of novel compounds with specific properties. Additionally, it finds use in research settings for studying reaction mechanisms and developing new synthetic pathways.