Used as a key intermediate in the synthesis of various fluorinated compounds, particularly in the pharmaceutical and agrochemical industries. It is valuable for introducing trifluoromethyl groups into molecules, enhancing their biological activity and stability. Applied in the production of specialty chemicals, including surfactants and polymers, where fluorinated segments improve performance characteristics like water and oil repellency. Also utilized in the development of advanced materials for electronics and coatings due to its unique chemical properties.