Used primarily as an intermediate in organic synthesis, this compound is valuable in the production of pharmaceuticals and agrochemicals. Its structure allows for the introduction of fluorinated naphthalene moieties into complex molecules, which can enhance biological activity or alter physicochemical properties. It is also employed in the development of fluorescent dyes and materials for optoelectronic applications, leveraging its aromatic and halogenated characteristics. Additionally, it serves as a building block in the synthesis of advanced polymers and specialty chemicals.