Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals. Its structure allows for selective transformations, making it valuable in creating fluorinated compounds with enhanced metabolic stability and bioavailability. Commonly employed in reactions where the trifluoromethyl group imparts desired lipophilicity and resistance to oxidative degradation. Also utilized in the development of specialty fluorochemicals for use in advanced materials and electronic applications due to its reactivity and volatility profile.