Used as a key intermediate in the synthesis of trifluoromethyl-containing pharmaceuticals and agrochemicals due to its ability to introduce the trifluoromethyl group into heterocyclic systems. Its structure supports the formation of β-diketone motifs that are valuable in metal chelation and coordination chemistry. Commonly employed in the preparation of pyridine-based bioactive molecules, especially kinase inhibitors and anti-inflammatory agents. Also utilized in materials science for designing fluorinated organic semiconductors with enhanced stability and electronic properties.