Used as a key intermediate in the synthesis of various agrochemicals, particularly herbicides and pesticides, due to its ability to introduce trifluoromethyl and chlorobenzyl groups into target molecules. It is also employed in the production of pharmaceuticals, where its structural components contribute to the development of compounds with enhanced biological activity. Additionally, it serves as a building block in organic synthesis for creating specialized chemicals used in research and industrial applications. Its reactivity makes it valuable in modifying molecular structures to achieve desired properties in end products.