Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. It plays a crucial role in cross-coupling reactions, such as Suzuki-Miyaura reactions, to create complex organic molecules. This compound is also employed in agrochemical research for designing novel pesticides and herbicides. Its trifluoromethyl group enhances the biological activity and stability of the final products, making it valuable in medicinal and agricultural chemistry. Additionally, it is utilized in material science for the development of advanced organic electronic materials.