This chemical is primarily used in organic synthesis as a key intermediate in the production of various pharmaceuticals and agrochemicals. It serves as a building block for the development of sulfonamide derivatives, which are widely utilized in the creation of antibacterial and anti-inflammatory drugs. Additionally, it is employed in the synthesis of specialty chemicals, including dyes and pigments, due to its ability to introduce fluorine and sulfinic acid groups into aromatic compounds. Its sodium salt form enhances solubility, making it more suitable for reactions in aqueous or polar solvents. The compound is also explored in research for its potential applications in material science, particularly in the development of advanced polymers and coatings.