Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) where fluorinated aromatic compounds enhance metabolic stability and bioavailability. It serves as a building block in the preparation of ketoprofen derivatives and other nonsteroidal anti-inflammatory drugs (NSAIDs). The ester functionality allows for easy modification in multi-step organic syntheses, making it valuable in medicinal chemistry for constructing complex molecules. Also employed in the production of agrochemicals and specialty polymers due to the electron-withdrawing nature of the fluorine atom, which influences reactivity and material properties.