Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, it plays a crucial role in producing compounds with specific biological activities. Its application extends to the development of liquid crystals for display technologies, where its unique chemical structure contributes to the desired properties of these materials. Additionally, it serves as a building block in the manufacture of dyes and pigments, enhancing color stability and performance. In the field of organic synthesis, it is valued for its ability to introduce trifluoromethyl groups into molecules, a modification that often improves the metabolic stability and bioavailability of drug candidates.