Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules that require aromatic substitution patterns with fluorinated groups. Its difluoromethoxy moiety enhances metabolic stability and lipophilicity, making it valuable in medicinal chemistry for optimizing drug candidates. Commonly employed in cross-coupling reactions such as Suzuki or Ullmann reactions to construct complex aromatic systems in drug discovery and materials science.