This compound is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its role as a versatile building block in organic chemistry. Its structure allows for the introduction of fluorine and methyl groups into more complex molecules, enhancing their biological activity and stability. It is often employed in the development of active pharmaceutical ingredients (APIs) for drugs targeting neurological disorders, cancer, and infectious diseases. Additionally, it serves as a key intermediate in the production of herbicides and pesticides, contributing to improved crop protection and yield. Its application in material science is also notable, particularly in the creation of specialty polymers and coatings with enhanced properties.