Primarily used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, this compound plays a role in the production of various active ingredients. It is also utilized in organic synthesis processes, particularly in reactions where selective trichloromethylation is required. Additionally, it finds application in the development of specialty chemicals, including those used in coatings and adhesives, due to its reactivity and ability to form stable intermediates. Its use is often favored in controlled environments due to its chemical properties and potential reactivity with other substances.