Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the production of active ingredients that require lipophilic aromatic structures. Its trifluoromethyl group enhances metabolic stability and membrane permeability in drug molecules. Commonly employed in the development of central nervous system agents, anti-inflammatory compounds, and selective receptor modulators. Also utilized in the preparation of fluorescent probes and labeling reagents due to its reactivity and stability under various coupling conditions.