Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active ingredients for central nervous system (CNS) drugs and antidepressants. Its fluorinated aromatic structure enhances metabolic stability and bioavailability in drug candidates. Also employed in agrochemicals for the production of herbicides and fungicides due to its ability to improve compound persistence and target specificity. Additionally, it serves as a building block in the preparation of specialty polymers and liquid crystals, where the hydroxyl and fluorine groups contribute to molecular alignment and thermal stability.