This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various complex molecules. Its structure, featuring a trifluoromethyl group and a naphthyl moiety, makes it particularly useful in the development of pharmaceuticals, especially those targeting specific enzymes or receptors. Additionally, it is employed in the synthesis of advanced materials, such as organic semiconductors and light-emitting diodes (OLEDs), due to its ability to influence electronic properties. Its unique chemical properties also make it valuable in research applications, particularly in studies involving fluorinated compounds and their interactions.