Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its difluoroethoxy group enhances metabolic stability and lipophilicity, making it valuable in drug design for improving bioavailability. Commonly employed in cross-coupling reactions, such as Suzuki or Ullmann reactions, to construct complex aromatic systems in medicinal chemistry. Also utilized in the preparation of functional materials and liquid crystals due to its unique electronic and structural properties.