This chemical is widely used as a key intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its fluorinated benzyl group makes it valuable for introducing fluorine atoms into target molecules, enhancing their stability and biological activity. It is also employed in the development of liquid crystals and advanced materials, where its unique structure contributes to desired electronic and optical properties. Additionally, it serves as a building block in the synthesis of complex compounds for research and industrial applications.