This chemical, featuring a unique structure with hydroxyl and fluorine groups, is primarily utilized in the synthesis of advanced materials and specialty chemicals. It serves as a key intermediate in the production of liquid crystal displays (LCDs), where it contributes to the development of high-performance liquid crystal compounds. Additionally, it is employed in the pharmaceutical industry for the creation of novel drug candidates, particularly those targeting central nervous system disorders. Its unique structure also makes it valuable in the formulation of adhesives and coatings, enhancing their durability and resistance to environmental factors. Furthermore, it finds application in agrochemicals, aiding in the development of more effective and selective pesticides.