Used primarily as an intermediate in organic synthesis, especially in the pharmaceutical and agrochemical industries. Its structure supports the formation of fluorinated compounds that exhibit enhanced metabolic stability and bioavailability. Commonly employed in the development of active pharmaceutical ingredients (APIs) where trifluoromethyl groups improve drug potency and resistance to degradation. Also utilized in the synthesis of specialty materials requiring high thermal and chemical stability. Its naphthyl group enables conjugation in aromatic systems, useful in the design of fluorescent probes and optoelectronic materials.