Used as an intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals due to the presence of tetrafluoroethoxy group which enhances metabolic stability and lipophilicity. Employed in the development of specialty polymers with improved thermal and chemical resistance. Also utilized in the formulation of high-performance liquid crystals and electronic materials where fluorine substitution contributes to dielectric properties. Its derivatives show potential in medicinal chemistry for designing enzyme inhibitors and bioactive molecules.