Used in pharmaceutical development as a key intermediate in synthesizing bioactive molecules, particularly in the creation of antifungal and anticancer agents. Its trifluoromethyl group enhances metabolic stability and membrane permeability in drug candidates. Also employed in agrochemicals to improve the efficacy of pesticides due to its electron-withdrawing properties and resistance to degradation. Commonly found in fluorescent dyes and optical brighteners for industrial applications, where it contributes to UV stability and luminescent performance.