This compound is primarily utilized in organic synthesis as a building block for the development of more complex chemical structures. It serves as a key intermediate in the production of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic properties. Its fluorophenyl group enhances the biological activity and stability of the resulting molecules, making it valuable in drug discovery and medicinal chemistry. Additionally, it is employed in material science for the creation of specialized polymers and coatings, where its unique chemical properties contribute to improved performance characteristics.