Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for building complex aromatic compounds. Commonly employed in the preparation of fluorinated analogs to enhance metabolic stability and binding affinity in drug candidates. Also utilized in the synthesis of agrochemicals and specialty polymers where fluorine substitution improves performance characteristics.