This compound is primarily utilized in the development of pharmaceutical agents due to its structural properties. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting inflammatory and neurological disorders. Its trifluoromethyl and fluorophenyl groups enhance binding affinity and metabolic stability, making it valuable in drug design. Additionally, it is explored in agrochemical research for creating novel pesticides and herbicides, leveraging its ability to interact with specific biological pathways in pests and weeds. Its versatility in organic synthesis also makes it a candidate for developing advanced materials and chemical sensors.