Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated active pharmaceutical ingredients (APIs) where the presence of fluorine enhances metabolic stability and bioavailability. Its structure allows for selective functionalization, making it valuable in agrochemicals for creating herbicides and pesticides with improved efficacy and environmental profile. Also employed in the production of specialty polymers and liquid crystals due to its electron-withdrawing properties and thermal stability. Commonly utilized in cross-coupling reactions in medicinal chemistry research for building complex aromatic systems.