Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active ingredients for drugs targeting central nervous system disorders. It serves as a building block in agrochemicals for the production of herbicides and fungicides due to its reactive aromatic structure. Also employed in the manufacture of specialty polymers and resins where fluorinated phenols enhance thermal stability and chemical resistance. Its unique electronic properties make it valuable in the design of liquid crystals and organic semiconductors for electronic devices.