This chemical is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceutical compounds. It serves as a key intermediate in the production of various drugs, including those targeting neurological disorders and cancer. Its structure, featuring both fluorine and methoxy groups, makes it valuable for creating molecules with specific biological activities. Additionally, it is employed in material science for synthesizing advanced polymers and liquid crystals, which are essential in display technologies. Its unique properties also make it a candidate for research in agrochemicals, where it can be used to develop novel pesticides or herbicides.