Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals. It serves as a building block in the production of fluorinated compounds, which often exhibit enhanced biological activity, metabolic stability, and lipophilicity. Commonly employed in the preparation of trifluoromethyl-containing molecules, it plays a key role in the development of herbicides, insecticides, and certain active pharmaceutical ingredients. Its reactivity allows for efficient incorporation of the CF3 group into larger molecular frameworks, making it valuable in fine chemical manufacturing and research laboratories focused on fluorine chemistry.