This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex chemical structures. Its unique trifluoroethyl group makes it valuable in the development of pharmaceuticals, particularly in the creation of molecules with enhanced metabolic stability and bioavailability. Additionally, it is employed in the synthesis of agrochemicals, where its structural features contribute to the efficacy and selectivity of active ingredients. In material science, it is used to develop specialized polymers and coatings that exhibit improved resistance to environmental factors such as UV radiation and chemical degradation.