Used in the synthesis of pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) where trifluoromethyl groups enhance metabolic stability and bioavailability. It serves as a building block in organic reactions, especially in the preparation of ketones and alcohols through nucleophilic addition or reduction. Its aromatic and fluorinated structure makes it valuable in medicinal chemistry for designing compounds with improved lipophilicity and binding affinity. Also employed in the creation of agrochemicals and specialty materials requiring enhanced chemical resistance and thermal stability.