This compound is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of various active ingredients. Its trifluoromethyl group enhances the biological activity and stability of the molecules it is incorporated into, making it valuable for developing drugs and pesticides. In pharmaceuticals, it is often employed in the creation of antifungal, antiviral, and anti-inflammatory agents. In agrochemicals, it contributes to the production of herbicides and insecticides with improved efficacy. Additionally, its unique structure allows for fine-tuning of chemical properties, enabling the development of compounds with targeted and specific applications.