This chemical is primarily utilized in the synthesis of advanced organic materials, particularly in the development of liquid crystals and polymers. Its structure, featuring nitro and carboxylic acid groups, makes it a valuable intermediate for creating compounds with specific electronic and optical properties. It is often employed in research and industrial applications to produce dyes, pigments, and photoactive materials. Additionally, its derivatives are explored for use in organic electronics, such as organic light-emitting diodes (OLEDs) and photovoltaic cells, due to their ability to modulate charge transport and light absorption. The compound’s reactivity also makes it suitable for constructing complex molecular frameworks in medicinal chemistry, particularly in the design of drug candidates with targeted functionalities.