Used primarily in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting metabolic disorders and central nervous system conditions. Additionally, it is employed in organic synthesis for the preparation of fluorinated compounds, which are valuable in agrochemicals and materials science due to their unique chemical properties. Its trifluoromethyl group enhances the stability and bioavailability of the final products, making it a versatile building block in medicinal chemistry.