This compound is primarily utilized in pharmaceutical research and development as a building block for the synthesis of various active pharmaceutical ingredients (APIs). Its unique trifluoromethyl group enhances the metabolic stability and bioavailability of drug molecules, making it valuable in the design of drugs targeting central nervous system disorders, cardiovascular diseases, and other therapeutic areas. Additionally, it serves as a key intermediate in the production of agrochemicals, particularly in the development of herbicides and pesticides, where the trifluoromethyl group contributes to improved efficacy and environmental stability. Its application also extends to material science, where it is used in the synthesis of advanced polymers and coatings with enhanced properties.