Used primarily as a specialty intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure allows for selective functionalization on both the aromatic ring and the allylic moiety, making it valuable in constructing complex molecules. The presence of the fluorine atom enhances reactivity and influences electronic properties, which can improve the metabolic stability and bioavailability of target compounds. It is also employed in the preparation of fluorinated analogs in medicinal chemistry research.