Used primarily as a building block in the synthesis of pharmaceuticals and agrochemicals, this compound is valued for its ability to introduce a difluoromethyl group into more complex molecules. The difluoromethyl group can enhance metabolic stability, lipophilicity, and bioavailability in drug candidates. It is commonly employed in the development of active ingredients in crop protection agents and in medicinal chemistry for creating analogs with improved pharmacokinetic profiles. Its reactivity allows for functionalization on aromatic rings, making it useful in cross-coupling reactions and other transformations in organic synthesis.