Used primarily in the synthesis of advanced materials and pharmaceuticals, this compound serves as a key intermediate in the production of liquid crystals, which are essential for display technologies like LCDs. Its unique structure allows for the creation of compounds with specific optical properties, enhancing the performance and efficiency of electronic displays. Additionally, it plays a role in organic synthesis, particularly in the development of complex molecules for medicinal chemistry, where its fluorine atoms can influence the biological activity and stability of pharmaceutical compounds.