Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds where the fluorine atom enhances metabolic stability and bioavailability. Its methoxy groups facilitate further functionalization, making it valuable in building complex aromatic structures. Commonly employed in medicinal chemistry for creating analogs in drug discovery programs targeting central nervous system disorders and inflammatory diseases. Also utilized in the preparation of liquid crystals and specialty polymers due to its structural rigidity and electronic properties.