This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its trifluoromethyl group enhances the metabolic stability and bioavailability of the resulting compounds, making it valuable in the development of drugs targeting specific diseases.

In agrochemical research, it serves as a building block for creating novel pesticides and herbicides. The presence of the trifluoromethyl group contributes to the effectiveness of these compounds by improving their interaction with biological targets in pests or weeds.

Additionally, it is employed in organic synthesis for the preparation of complex molecules, particularly in the field of material science, where it aids in the development of advanced polymers and coatings with unique properties. Its versatile structure allows for modifications that can lead to materials with enhanced durability, resistance, or functionality.

Overall, this compound plays a significant role in advancing research and development across pharmaceuticals, agrochemicals, and material science.