Used primarily as a key intermediate in organic synthesis, it plays a crucial role in the production of pharmaceuticals, agrochemicals, and specialty chemicals. It is particularly valuable in the synthesis of compounds containing the 4-fluorobenzoyl moiety, which is often incorporated into active pharmaceutical ingredients (APIs) to enhance their biological activity or stability. Additionally, it is employed in the development of dyes, pigments, and polymers, where its reactivity allows for efficient functionalization of target molecules. Its application in peptide coupling reactions is also notable, facilitating the formation of amide bonds in complex organic molecules.