Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its nitro and alkoxy functional groups make it suitable for further chemical transformations, such as reduction of the nitro group to an amine, enabling the formation of fluorinated anilines. These derivatives are valuable in medicinal chemistry due to the enhanced metabolic stability and bioavailability imparted by the fluorine atom. It may also serve in the preparation of liquid crystals or functional materials where fluorine substitution influences electronic or physical properties.