Used as a key intermediate in the synthesis of liquid crystal materials for display technologies. Its structural features, including fluorine and trifluoromethyl groups, enhance mesogenic properties, improving thermal stability and electro-optical performance in liquid crystal formulations. Also employed in the development of pharmaceuticals due to its ability to influence bioavailability and metabolic stability in active compounds. Its chiral center allows for use in asymmetric synthesis, contributing to the production of enantiomerically pure drugs.