This compound is primarily utilized in organic synthesis as a versatile building block for the development of more complex molecules. Its ethynyl group allows for participation in click chemistry reactions, such as the copper-catalyzed azide-alkyne cycloaddition, making it valuable in the creation of triazole derivatives. These derivatives are often explored for their potential applications in pharmaceuticals, particularly in drug discovery and development, where they can serve as intermediates for bioactive compounds. Additionally, the fluorine atom in its structure can enhance the metabolic stability and binding affinity of resulting molecules, making it useful in the design of agrochemicals and materials science applications, such as organic electronics or advanced polymers.