This chemical is primarily utilized in advanced organic synthesis and material science due to its unique structural and electronic properties. Its application is significant in the development of highly specialized catalysts, particularly in asymmetric synthesis, where it aids in achieving high enantioselectivity. The presence of trifluoromethyl groups enhances its stability and reactivity, making it suitable for use in harsh chemical environments. Additionally, it is employed in the creation of novel organic electronic materials, where its electron-withdrawing characteristics are leveraged to modify the electronic properties of polymers and small molecules. This compound is also explored in pharmaceutical research for the synthesis of complex molecules with potential therapeutic applications.