Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds where enhanced metabolic stability and bioavailability are desired. Its fluorinated aromatic structure makes it valuable in the production of liquid crystals for display technologies. It is also employed in the preparation of specialty polymers and functional materials that require high thermal and chemical resistance. Additionally, it serves as a building block in medicinal chemistry for designing biologically active molecules, including enzyme inhibitors and receptor ligands.