This chemical is primarily used in organic synthesis as a versatile building block for the preparation of various heterocyclic compounds. Its trifluoroacetyl group makes it particularly useful in the development of pharmaceuticals and agrochemicals, where the introduction of fluorine atoms can enhance the biological activity and stability of the final products. It is also employed in the synthesis of hydrazide derivatives, which are key intermediates in the production of dyes, pigments, and other specialty chemicals. Additionally, its reactivity with carbonyl compounds makes it valuable in the creation of complex molecular structures for research and industrial applications.