This chemical is widely used in organic synthesis, particularly as an intermediate in the production of pharmaceuticals and agrochemicals. Its structure, featuring both a hydroxyl group and a fluorine atom, makes it valuable for constructing complex molecules. In the pharmaceutical industry, it is often employed in the development of active pharmaceutical ingredients (APIs) targeting various therapeutic areas, including central nervous system disorders and anti-inflammatory treatments. Additionally, it serves as a building block in the synthesis of specialty chemicals, such as liquid crystals and dyes, due to its ability to introduce specific functional groups into molecular frameworks. Its applications also extend to research and development, where it is utilized in the study of chemical reactions and the design of novel compounds with potential industrial or medicinal uses.