This chemical is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its unique structural properties. It serves as a key intermediate in the development of compounds with potential biological activity, particularly in the creation of molecules targeting specific enzymes or receptors. Its fluorinated phenyl group enhances the stability and bioavailability of the resulting compounds, making it valuable in drug discovery processes. Additionally, it finds application in the production of advanced materials, where its chemical structure can contribute to the development of specialized polymers or coatings with specific performance characteristics.