This compound is widely used in the synthesis of pharmaceuticals and agrochemicals due to its trifluoromethyl group, which enhances the biological activity and stability of the final products. It serves as a key intermediate in the production of various drugs, including anti-inflammatory and antiviral agents. Additionally, it is employed in the development of herbicides and pesticides, where the trifluoromethyl group contributes to improved efficacy and selectivity. Its versatility also extends to organic synthesis, where it is utilized in the preparation of complex molecules for research and industrial applications.