This compound is primarily utilized in organic synthesis as a building block for more complex molecules, particularly in the pharmaceutical and agrochemical industries. It serves as a key intermediate in the production of various bioactive compounds, including potential drug candidates. Its structure, featuring a fluorophenyl group and an allylic alcohol, makes it valuable for designing molecules with specific biological activities, such as antimicrobial, anti-inflammatory, or anticancer properties. Additionally, it is used in research and development for studying structure-activity relationships in medicinal chemistry. Its versatility also extends to material science, where it can be incorporated into polymers or coatings to enhance specific properties.