Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of anti-inflammatory and antimicrobial agents. Derivatives show potential in inhibiting enzymes related to chronic diseases such as diabetes and cancer, making it valuable for new drug development. Its structure allows for easy modification, making it valuable in medicinal chemistry for designing new drug candidates. It is also employed in the creation of agrochemicals, contributing to the development of pesticides and herbicides with improved stability and activity. The presence of the trifluoromethyl group enhances lipophilicity and metabolic resistance, which is beneficial in optimizing the pharmacokinetic properties of active ingredients. Additionally, it is used in organic chemistry research to build complex molecular structures, leveraging the carboxylic acid and furan functionalities for diverse reactivity.