Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) where trifluoromethyl groups enhance metabolic stability and bioavailability. Its electrophilic aldehyde group allows for condensation reactions, making it valuable in forming imines, oximes, or heterocyclic structures in drug design. Also employed in agrochemicals to create pesticides and herbicides due to the electron-withdrawing nature of trifluoromethyl groups improving compound resilience. Additionally, it serves in materials science for building functional organic molecules with tailored electronic properties.