This chemical is primarily used as an intermediate in the synthesis of various pharmaceutical compounds. It plays a crucial role in the development of drugs targeting neurological disorders, such as anxiety and depression, due to its structural properties that can interact with specific receptors in the brain. Additionally, it is utilized in the production of agrochemicals, particularly in the formulation of herbicides and pesticides, where its fluorine and methoxy groups enhance the efficacy and selectivity of the final product. Its application extends to organic synthesis, where it serves as a building block for creating complex molecules in research and industrial settings.