Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the preparation of substituted anilines and benzimidazoles. Its nitro and chloro functional groups allow for selective reductions and nucleophilic substitutions, while the benzyloxy group serves as a temporary protecting group for the phenolic oxygen, which can be deprotected later. This makes it valuable in multi-step organic syntheses. Commonly employed in the development of active ingredients for crop protection products and in medicinal chemistry for constructing biologically active molecules.