Used as a key intermediate in the synthesis of trifluoromethyl-containing pharmaceuticals and agrochemicals due to its ability to introduce the CF3 group into aromatic systems. Its structure supports conjugation and electron-withdrawing effects, making it valuable in the preparation of bioactive molecules. Commonly employed in Friedel-Crafts acylation and cyclization reactions to build fluorinated heterocycles. Also applied in materials science for developing fluorinated organic semiconductors and liquid crystals, where the trifluoromethyl group enhances thermal stability and alters electronic properties.