Used in organic synthesis as an intermediate for the preparation of various pharmaceuticals and agrochemicals. It serves as a building block for the development of compounds with potential biological activity, particularly in the creation of nicotinamide derivatives. Additionally, it is employed in the synthesis of ligands for metal complexes, which are utilized in catalytic processes. Its nitro and aldehyde functional groups make it a versatile reagent for further chemical modifications, enabling the production of diverse heterocyclic compounds.