This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs targeting various therapeutic areas, including anti-inflammatory and analgesic medications. Additionally, it is employed in the creation of agrochemicals, where it contributes to the formulation of herbicides and pesticides. Its unique structure allows for the introduction of specific functional groups, making it valuable in organic synthesis and the development of novel chemical entities. Researchers also utilize it in the study of fluorine-containing compounds due to its potential to enhance the biological activity and metabolic stability of molecules.