This compound is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of more complex molecules. Its tetrafluoro and indazole structure makes it valuable for developing compounds with enhanced biological activity, particularly in the design of drugs targeting specific enzymes or receptors. It is also explored in the creation of herbicides and pesticides due to its potential to improve efficacy and selectivity. Additionally, its unique fluorinated structure contributes to the development of materials with specific electronic or photophysical properties, useful in advanced material science applications.