Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for drugs targeting central nervous system disorders and anti-inflammatory agents. Its structure allows for selective functionalization, making it valuable in creating complex organic molecules through cross-coupling reactions. Commonly employed in the preparation of trifluoromethyl-substituted aromatic compounds, which exhibit enhanced metabolic stability and bioavailability in drug candidates. Also utilized in agrochemical research for designing novel pesticides and herbicides due to the electron-withdrawing properties of the trifluoromethyl group that improve compound efficacy.