Used as a key intermediate in the synthesis of agricultural chemicals, particularly herbicides and insecticides. Its structure allows for selective modification to develop active ingredients that target specific pests or weeds while minimizing environmental impact. Also employed in pharmaceutical research for constructing fluorinated heterocyclic compounds, which can enhance drug metabolic stability and bioavailability. Commonly utilized in cross-coupling reactions to form carbon-carbon or carbon-heteroatom bonds in advanced organic synthesis.