Used as an intermediate in the synthesis of agricultural chemicals, particularly herbicides and insecticides, due to the presence of both nitro and trifluoromethyl functional groups that enhance bioactivity. Also employed in the development of pharmaceuticals where the carboxylic acid group allows for easy derivatization into amides or esters. Its electron-withdrawing substituents make it valuable in organic synthesis for constructing complex molecules through nucleophilic aromatic substitution or reduction reactions. Additionally, it serves as a building block in the preparation of dyes and functional materials with specific electronic properties.