This chemical is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its trifluoromethyl group, which enhances the biological activity and stability of the compounds. It serves as a key intermediate in the development of active ingredients for drugs targeting various diseases, including central nervous system disorders and inflammatory conditions. Additionally, it is employed in the production of herbicides and pesticides, where the trifluoromethyl group contributes to improved efficacy and resistance management. Its role in organic synthesis also extends to the creation of specialty chemicals used in material science and industrial applications.