Used in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) where fluorine substitution enhances metabolic stability and bioavailability. It serves as a key intermediate in the production of compounds with potential therapeutic applications, such as anti-inflammatory and anticancer agents. Additionally, it is utilized in organic synthesis to introduce fluorine atoms into aromatic systems, which can significantly alter the chemical and physical properties of the resulting molecules. This compound is also employed in the research and development of new materials, including liquid crystals and polymers, where fluorinated aromatic alcohols can impart unique characteristics like thermal stability and chemical resistance.