Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of drugs targeting neurological disorders and inflammatory conditions. Its trifluoromethyl group enhances the biological activity and metabolic stability of the resulting compounds. Additionally, it is employed in the preparation of agrochemicals, where it contributes to the creation of herbicides and pesticides with improved efficacy. The compound's unique structure also makes it a useful building block in organic synthesis for creating complex molecules in academic and industrial research settings.