This chemical is primarily used in the synthesis of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of compounds with potential biological activity, particularly in the development of drugs targeting neurological and metabolic disorders. Its trifluoromethyl group enhances the stability and bioavailability of the final products, making it valuable in medicinal chemistry. Additionally, it is employed in the creation of advanced materials, such as liquid crystals and polymers, due to its unique electronic properties. Its application in organic synthesis also extends to the development of specialty chemicals used in various industrial processes.