This chemical is primarily used in the synthesis of organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its structure, featuring biphenyl and carboxylic acid groups, makes it a valuable intermediate in creating active ingredients for drugs targeting various diseases. Additionally, it is employed in the production of liquid crystals, which are essential components in display technologies like LCD screens. The fluorine atoms in its structure enhance its stability and reactivity, making it suitable for use in advanced material science applications, including the development of polymers and coatings with specific performance characteristics.