Used as a key intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals due to its unique fluorine substitution pattern. The compound is particularly valuable in the development of bioactive molecules where enhanced metabolic stability and membrane permeability are required. Its structure allows for selective derivatization, making it useful in the preparation of herbicides, fungicides, and certain central nervous system agents. Also employed in the manufacture of liquid crystals and specialty polymers where thermal and chemical resistance are important.