This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly those targeting specific enzyme inhibitors. It serves as a key intermediate in the development of drugs that modulate biological pathways, such as those involved in inflammation or cancer. Additionally, it is utilized in the production of agrochemicals, where it contributes to the creation of active ingredients for crop protection. Its trifluoromethyl group enhances the stability and bioavailability of the resulting compounds, making it valuable in both medicinal and agricultural chemistry.