This compound is primarily utilized in the pharmaceutical and agrochemical industries due to its unique chemical structure. In pharmaceuticals, it serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs), particularly those targeting neurological disorders and infectious diseases. Its trifluoromethylthio group enhances the biological activity and stability of the resulting compounds. In agrochemicals, it is employed in the development of pesticides and herbicides, where it contributes to the efficacy of these products by improving their ability to target specific pests or weeds. The compound’s structural features also make it valuable in organic synthesis, where it is used to create complex molecules for research and industrial applications.