This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of selective serotonin reuptake inhibitors (SSRIs) and other antidepressant medications. Additionally, it is employed in the development of agrochemicals, specifically in the creation of herbicides and fungicides that exhibit enhanced efficacy due to the trifluoromethyl group. Its role in organic synthesis also extends to the preparation of complex molecules for research and industrial applications, where its unique structure contributes to the development of novel compounds with potential therapeutic or functional properties.