Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated drug candidates where enhanced metabolic stability and bioavailability are desired. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for designing active pharmaceutical ingredients (APIs). Also employed in agrochemical research for creating herbicides and fungicides due to the influence of fluorine atoms on membrane permeability and target binding. Additionally, it serves as a building block in liquid crystal formulations for display technologies, where fluorination improves dielectric anisotropy and thermal stability.