This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its trifluoroethyl group enhances the metabolic stability and bioavailability of the final drug molecules, making it valuable in the development of therapeutic agents. Additionally, it finds application in organic synthesis, particularly in the preparation of complex molecules where its unique structure aids in achieving specific stereochemical outcomes. In material science, it is sometimes employed in the development of specialty chemicals and advanced materials due to its fluorine-containing moiety, which can impart desirable properties like chemical resistance and thermal stability.