Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its trifluoromethyl groups enhance the reactivity and stability of the resulting molecules, making it valuable in the development of drugs targeting central nervous system disorders and other therapeutic areas. Additionally, it is employed in the synthesis of advanced materials, including liquid crystals and polymers, where its unique structure contributes to desired electronic and optical properties. In research, it is utilized to study hydrazine derivatives and their potential applications in catalysis and material science.