Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals due to its fluorinated structure, which enhances metabolic stability and bioavailability. Its hydroxyl and fluorinated alkyl groups allow for selective derivatization, making it valuable in creating fluorinated building blocks for drug development. Also employed in the preparation of specialty polymers where fluorine content improves thermal and chemical resistance. Its unique polarity profile supports use in advanced solvent systems and as a modifier in liquid formulations requiring controlled hydrophobicity.