This chemical is primarily utilized in organic synthesis as a building block for the creation of more complex molecules. It is often employed in the development of pharmaceutical compounds, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target neurological and psychiatric disorders. Additionally, it serves as an intermediate in the production of agrochemicals, contributing to the formulation of pesticides and herbicides. Its structure, featuring a fluorophenyl group and a propargylic alcohol moiety, makes it valuable in cross-coupling reactions, which are essential in constructing carbon-carbon bonds in medicinal chemistry. The compound is also explored in material science for the development of advanced polymers and coatings with specific functional properties.