Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals, it plays a crucial role in the development of compounds with enhanced biological activity. Its trifluoromethyl group is particularly valuable in medicinal chemistry for improving the metabolic stability and bioavailability of drug molecules. Additionally, it finds application in the production of specialty chemicals, where its unique structure contributes to the creation of materials with specific desired properties. In research, it serves as a building block for the development of new chemical entities, aiding in the exploration of novel therapeutic agents and functional materials.