Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate. Its structure allows for the development of various active ingredients, particularly in the creation of drugs targeting neurological and cardiovascular conditions. Additionally, it is employed in the production of pesticides and herbicides, contributing to crop protection and agricultural efficiency. The fluorine atom in its structure enhances the biological activity and stability of the final products, making it valuable in medicinal and agricultural chemistry research.