Used as a key intermediate in the synthesis of various fluorinated organic compounds. It plays a significant role in pharmaceutical research, particularly in the development of molecules with enhanced biological activity due to the presence of fluorine atoms. Additionally, it is employed in agrochemical production to create pesticides and herbicides with improved efficacy and stability. Its trifluoromethyl group is valuable in material science for designing advanced polymers and coatings with unique properties. The compound is also utilized in organic synthesis for constructing complex structures in fine chemicals and specialty materials.