Used primarily as an intermediate in organic synthesis, this compound plays a crucial role in the development of pharmaceuticals and agrochemicals. Its structure features an ester group along with nitro and trifluoromethyl groups, making it valuable for creating complex molecules with specific biological activities. In pharmaceutical research, it is often utilized to synthesize active ingredients for drugs targeting various diseases. Additionally, its application extends to the production of herbicides and pesticides, where it contributes to the formulation of compounds with enhanced efficacy and selectivity. The chemical's reactivity and functional groups also make it suitable for use in material science, particularly in the development of advanced polymers and coatings with unique properties.