Used primarily as an intermediate in organic synthesis, this compound plays a key role in the preparation of pharmaceuticals and agrochemicals. Its nitro and ketone functional groups allow for versatile reactivity, enabling transformations such as reductions, cyclizations, and condensation reactions. It is particularly valuable in the synthesis of nitrogen-containing heterocycles, which are common structural motifs in bioactive molecules. Additionally, it serves as a building block in the development of specialty chemicals, including dyes and functional materials. Due to its reactivity, it is handled with care in controlled environments for research and industrial applications.