Used as an intermediate in the synthesis of pharmaceuticals and fine chemicals, particularly in the preparation of active pharmaceutical ingredients (APIs) where nitroaromatic and carboxylic functional groups are required. Its structure allows for further chemical modifications, such as reduction of the nitro group or ester hydrolysis, enabling the development of complex organic molecules. Commonly employed in research settings for constructing heterocyclic compounds and in the development of dyes and specialty polymers due to its electron-withdrawing substituents and reactivity profile.