This chemical is primarily used in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a building block in the development of complex molecules, particularly those involving fluorinated aromatic compounds. The benzyloxy group provides a protective function during synthetic processes, allowing for selective reactions at other sites of the molecule. Its fluorinated aromatic structure is valuable in medicinal chemistry, as fluorine atoms often enhance the biological activity and stability of drugs. Additionally, it may be utilized in research and development for creating novel compounds with potential therapeutic or agricultural applications.