Used in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) that require trifluoroethyl groups for enhanced metabolic stability and bioavailability. It serves as a key intermediate in the production of agrochemicals, contributing to the creation of herbicides and pesticides with improved efficacy. The compound is also employed in organic chemistry research for the preparation of fluorinated compounds, which are valuable in material science for developing advanced polymers and coatings with unique properties. Additionally, it plays a role in the synthesis of ligands and catalysts used in asymmetric catalysis, aiding in the production of chiral molecules for fine chemicals and specialty materials.