Used in the synthesis of advanced materials, particularly in the production of phthalocyanine dyes and pigments. These dyes are essential in various industries, including electronics, where they are utilized in the manufacturing of organic semiconductors, OLEDs, and photovoltaic cells. Additionally, it serves as a key intermediate in the development of liquid crystals, which are critical components in display technologies such as LCDs. The compound’s fluorinated structure enhances the thermal and chemical stability of the resulting materials, making it valuable for high-performance applications. Furthermore, it is studied for medical applications, such as in the creation of compounds for medical imaging and photodynamic therapy in cancer treatment.