This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors in medicinal chemistry. Its trifluoromethyl group enhances the metabolic stability and bioavailability of the resulting compounds, making it valuable in the design of potential drug candidates. Additionally, it is explored in the development of agrochemicals, where it contributes to the creation of novel pesticides or herbicides with improved efficacy and selectivity. Its unique structure also makes it a subject of interest in material science for the development of advanced organic materials with specific electronic or optical properties.