Used primarily in organic synthesis, it serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its trifluoroethyl group is particularly valuable in modifying the properties of target molecules, enhancing their stability, bioavailability, or metabolic resistance. In medicinal chemistry, it is employed to develop compounds with potential therapeutic effects, such as enzyme inhibitors or receptor modulators. Additionally, it finds application in the preparation of advanced materials, where its unique chemical structure contributes to the creation of specialized polymers or coatings with desirable properties like durability or chemical resistance.