Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals, this compound plays a crucial role in the development of active ingredients for drugs and crop protection agents. Its trifluoromethyl group enhances the biological activity and stability of the final products, making it valuable in medicinal chemistry. Additionally, it is employed in research for creating novel compounds with potential therapeutic applications, particularly in areas like anti-inflammatory and antimicrobial treatments. Its unique structure also makes it a candidate for use in advanced material science, particularly in the development of specialty polymers and coatings.