Used as a key intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals, particularly in the development of selective enzyme inhibitors. Its fluorine substituents enhance metabolic stability and bioavailability in drug candidates. Commonly employed in the preparation of fluorescent probes and dyes due to its ability to participate in hydrogen bonding and electron-withdrawing effects. Also utilized in the manufacture of liquid crystals and organic semiconductors where fluorination improves electronic performance and thermal stability.