Used primarily in the pharmaceutical and chemical industries as a building block for synthesizing more complex molecules. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs), particularly in the development of drugs targeting metabolic disorders and central nervous system diseases. Its trifluoromethyl group enhances the stability and bioavailability of the resulting compounds. Additionally, it is employed in the creation of specialty chemicals, such as agrochemicals, where its unique properties contribute to the efficacy of pesticides and herbicides. In research, it is utilized in organic synthesis to explore novel fluorinated compounds with potential industrial and medicinal applications.