This compound is primarily utilized in the synthesis of various pharmaceuticals, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of compounds with potential antidepressant or anxiolytic properties. Additionally, it is employed in the development of agrochemicals, where it contributes to the creation of pesticides or herbicides with enhanced efficacy. Its trifluoromethyl group is particularly valuable in medicinal chemistry, as it often improves the metabolic stability and bioavailability of the final drug molecules. In research, it is used to study the effects of fluorinated compounds on biological systems, aiding in the discovery of novel therapeutic agents.