Used as a key intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals. Its nitrile and ether functional groups allow further chemical transformations, making it valuable in building complex organic molecules. Commonly employed in the production of herbicides and plant growth regulators due to the bioactive nature of fluorophenoxy derivatives. Also utilized in medicinal chemistry for developing fluorine-containing drug candidates, where the fluorine atom enhances metabolic stability and binding affinity.