Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated active pharmaceutical ingredients (APIs) where the trifluoromethyl group enhances metabolic stability and bioavailability. It serves in the preparation of hydrazide-based compounds with potential antitumor, antiviral, and antimicrobial activities. Also employed in agrochemical research for designing novel pesticides and herbicides, leveraging the electron-withdrawing nature of the trifluoromethyl group to improve compound efficacy and environmental stability. Its reactivity allows for facile derivatization in heterocycle formation, especially in triazole and pyrazole scaffolds common in drug discovery.