This chemical is primarily utilized as a versatile intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its trifluoromethyl group enhances the biological activity of the compounds it helps create, making it valuable in the development of drugs with improved efficacy and stability. Additionally, it serves as a key building block in the synthesis of complex molecules, including those used in materials science for advanced coatings and polymers. Its unique structure also makes it suitable for use in coordination chemistry, where it acts as a ligand for metal complexes in catalytic processes.