Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure, featuring both a benzyloxy and a fluoro group, makes it valuable for constructing complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). It is also employed in the synthesis of dyes and fragrances, where its aromatic and halogenated properties contribute to the desired chemical characteristics. Additionally, it plays a role in research and development for exploring new chemical reactions and pathways in medicinal chemistry.