Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its trifluoromethyl group enhances the lipophilicity and metabolic stability of the resulting compounds, making it valuable in designing drugs targeting central nervous system disorders, such as antidepressants and antipsychotics. Additionally, it is employed in the production of agrochemicals, where it contributes to the development of pesticides and herbicides with improved efficacy. Its structural features also make it a useful building block in organic synthesis for creating complex molecules in medicinal chemistry.