Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its structure allows for selective functionalization, making it valuable in building complex molecules where fluorine substitution enhances biological activity or metabolic stability. Commonly employed in cross-coupling reactions and nucleophilic substitutions to introduce the difluorophenol moiety into target compounds. Also utilized in the preparation of liquid crystals and functional materials requiring specific electronic or steric properties.