Used primarily in the pharmaceutical and agrochemical industries, this compound serves as a key intermediate in the synthesis of various active ingredients. Its fluorine and methyl substituents enhance the biological activity and stability of the resulting molecules, making it valuable in the development of drugs, particularly those targeting specific enzymes or receptors. Additionally, it is employed in the production of herbicides and pesticides, where its structural properties contribute to effective pest control. The compound's ability to undergo further chemical modifications allows for the creation of diverse derivatives with tailored properties for specific applications.