Used primarily in the field of organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure, featuring a fluorophenyl group, makes it valuable in the development of molecules with potential biological activity. It is often employed in the creation of compounds targeting central nervous system disorders, due to its ability to interact with specific receptors in the brain. Additionally, it is utilized in research for designing new materials with unique electronic properties, particularly in the development of organic semiconductors. Its versatility also extends to the synthesis of dyes and pigments, where its stability and reactivity are advantageous.