Used as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of herbicides and fungicides. Its structure supports the creation of biologically active molecules due to the presence of both aromatic and carboxylic functional groups, enhancing binding affinity in target enzymes. Also employed in research for designing new anti-inflammatory and anticancer agents. Shows utility in material science for developing fluorinated organic semiconductors owing to the electron-withdrawing trifluoromethyl group improving thermal and metabolic stability.