Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals. Its reactivity makes it valuable for introducing the (2-fluorophenoxy)acetyl group into larger molecules, particularly in the development of herbicides and anti-inflammatory agents. Commonly employed in the preparation of fluorinated analogs of bioactive compounds to enhance metabolic stability and binding affinity. Also utilized in peptide coupling and modification of organic compounds where a fluorinated aromatic ether moiety is required.