This compound is primarily utilized in the pharmaceutical and agrochemical industries due to its unique structural properties. In pharmaceuticals, it serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs), particularly those targeting neurological and inflammatory disorders. Its trifluoromethyl group enhances the bioavailability and metabolic stability of the resulting drugs, making it valuable in drug development. In agrochemicals, it is employed in the creation of pesticides and herbicides, where its chemical structure contributes to the effectiveness and selectivity of these products. Additionally, its role in organic synthesis is notable, as it is used to construct complex molecules for research and industrial applications.