Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for easy functionalization, making it valuable in building complex organic compounds. Commonly employed in research and development for creating analogs in medicinal chemistry due to the electron-withdrawing properties of the trifluoromethyl and chloro groups, which enhance metabolic stability and binding affinity in drug candidates. Also utilized in agrochemical synthesis for developing herbicides and fungicides owing to its reactivity and stability under various reaction conditions.