Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system active agents. Its structure supports the introduction of trifluoromethyl and chloro-hydroxyaryl motifs, which are valuable for enhancing metabolic stability and binding affinity in drug molecules. Also employed in agrochemical synthesis for developing herbicides and fungicides due to its electron-withdrawing properties and resistance to degradation. Commonly utilized in organic transformations such as coupling reactions and nucleophilic substitutions to build complex aromatic systems.