Used primarily in organic synthesis, this compound serves as a versatile intermediate in the production of pharmaceuticals and agrochemicals. Its trifluoromethyl group enhances the biological activity of the final products, making it valuable in developing drugs with improved efficacy and stability. Additionally, it is employed in the creation of advanced materials, particularly in the field of liquid crystals and electronic components, due to its unique electronic properties. The compound’s nitrile group also allows for further functionalization, enabling its use in complex chemical transformations.