Used primarily as an intermediate in organic synthesis, it plays a crucial role in the production of agrochemicals, particularly herbicides. Its reactive benzoyl chloride group enables it to form amides and esters, making it valuable in creating compounds with specific biological activities. Additionally, it is utilized in the development of pharmaceuticals, where it aids in the synthesis of active ingredients. Its trifluoromethyl group enhances the stability and efficacy of the final products, making it a key component in advanced chemical manufacturing processes.