Used primarily as an intermediate in organic synthesis, this compound plays a key role in the preparation of pharmaceuticals and agrochemicals. Its structure allows for selective transformations, particularly in the development of nitroaromatic derivatives. It is also employed in photochemical studies due to the reactivity of the nitro group under light exposure, enabling controlled release or activation in specialized reactions. Additionally, it serves as a building block in the synthesis of heterocyclic compounds with potential biological activity.