Used as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of herbicides and fungicides. Its trifluoromethyl group enhances the biological activity of the compounds it forms, making it valuable in creating more effective crop protection agents. Additionally, it serves as a building block in medicinal chemistry for designing molecules with potential therapeutic properties, such as anti-inflammatory or antimicrobial agents. Its unique structure allows for the modification of drug candidates to improve their efficacy and stability.