This chemical is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of various active compounds. In pharmaceuticals, it plays a role in the development of drugs targeting specific diseases, particularly those requiring fluorinated biphenyl structures for enhanced biological activity and stability. In agrochemicals, it is used to create pesticides and herbicides, where its fluorinated structure contributes to improved efficacy and selectivity. Additionally, it serves as a building block in organic synthesis for creating complex molecules in research and industrial applications.