Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure is particularly valuable for constructing complex molecules, especially those requiring fluorinated aromatic groups. In medicinal chemistry, it is employed to develop compounds with potential therapeutic properties, such as enzyme inhibitors or receptor modulators. Additionally, it finds utility in the synthesis of specialty chemicals and materials, where the introduction of fluorine atoms enhances stability and bioavailability. Its role in research and industrial applications underscores its importance in advancing chemical innovation.