Primarily used in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the development of active pharmaceutical ingredients (APIs). Its nitro and trifluoromethyl groups enhance the reactivity and stability of the molecules it forms, making it valuable in medicinal chemistry. It is also utilized in agrochemical research for creating novel pesticides and herbicides, where its structural features contribute to the efficacy of the final products. Additionally, it finds application in material science for designing advanced organic compounds with specific electronic properties.