Primarily used in organic synthesis, this compound serves as an intermediate in the production of pharmaceuticals and agrochemicals. It is particularly valuable in the development of active pharmaceutical ingredients (APIs) where the biphenyl structure is essential for biological activity. The fluorine atom enhances the compound's stability and bioavailability, making it useful in drug discovery and development. Additionally, it finds application in material science for creating specialized polymers and coatings with unique properties. Its role in fine chemical manufacturing underscores its importance in producing high-purity compounds for research and industrial use.