Used as an intermediate in the synthesis of liquid crystal materials, particularly in the production of advanced display technologies. Its structure supports the formation of thermally stable and optically anisotropic compounds essential for LCDs. Also employed in the preparation of pharmaceuticals and agrochemicals due to its reactive aldehyde and nitro groups, which allow further functionalization. Additionally, it serves as a building block in organic synthesis for creating Schiff bases and other nitrogen-containing heterocycles with potential biological activity.