Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated active pharmaceutical ingredients (APIs). Its trifluoromethyl ketone functionality enables efficient construction of heterocyclic compounds through condensation and cyclization reactions. Commonly employed in the preparation of antidiabetic, antiviral, and anti-inflammatory agents due to enhanced metabolic stability imparted by the trifluoromethyl group. Also utilized in agrochemical synthesis for creating herbicides and pesticides with improved bioavailability and environmental persistence. Its ester moiety allows for easy modification and incorporation into more complex molecules via transesterification or hydrolysis.