Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated active pharmaceutical ingredients (APIs) where the fluorine atoms enhance metabolic stability and bioavailability. Its structure allows for selective functionalization, making it valuable in creating analogs for drug discovery. Also employed in the preparation of agrochemicals and specialty materials requiring high thermal and oxidative stability. Commonly utilized in cross-coupling reactions and nucleophilic additions to build complex aromatic compounds in research and industrial settings.