Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active compounds for treating central nervous system disorders. It is also employed in the production of agrochemicals, where it serves as a building block for creating herbicides and pesticides. In organic chemistry, it acts as a versatile building block bearing a trifluoromethyl-substituted aromatic ring, which enhances the biological activity, lipophilicity, and metabolic stability of target molecules due to the electron-withdrawing trifluoromethyl group. Additionally, it finds application in material science for the development of specialty polymers and coatings with unique properties.