This compound is primarily used as a chiral building block in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with specific stereochemical requirements. Its trifluoromethyl group enhances the metabolic stability and bioavailability of drug molecules, making it valuable in medicinal chemistry. It is also employed in asymmetric synthesis, serving as a precursor or intermediate in the production of enantiomerically pure compounds. Additionally, it finds application in agrochemical research for designing novel pesticides and herbicides with improved efficacy and selectivity. Its unique structural features make it a versatile reagent in organic synthesis and drug discovery.