Used as an intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals. Its structure allows for further functionalization through reactions such as Michael additions or cyclizations, making it valuable in constructing complex organic molecules. Commonly employed in the development of bioactive compounds where the nitro and fluoro groups enhance binding affinity or metabolic stability. Also applied in the preparation of specialty polymers and dyes due to its conjugated acrylate system and electron-withdrawing substituents.