Used as a key intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals due to its reactive diketone functionality and fluorine substitution. The compound serves in the preparation of bioactive molecules where the difluoro motif enhances metabolic stability and membrane permeability. It is also employed in the development of liquid crystals and functional materials, leveraging the electronic effects of fluorine atoms and the conjugated system for tuning optical and electronic properties. Its structure allows for further derivatization via condensation, cyclization, or nucleophilic addition, making it valuable in medicinal chemistry research and the design of novel organic compounds.