Used primarily as an intermediate in organic synthesis, particularly in the production of dyes and pigments. It serves as a building block in the development of complex aromatic compounds where nitro groups can be reduced to amines for further functionalization. Its alkoxy side chain enhances solubility in organic solvents, making it suitable for use in solvent-based reaction systems. Also explored in the synthesis of certain pharmaceuticals and agrochemicals due to its reactivity and structural stability.