Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients requiring trifluoromethylated aromatic structures. Its electron-withdrawing groups make it valuable in building blocks for medicinal chemistry, including the preparation of anti-inflammatory and antifungal agents. Also employed in the manufacture of specialty polymers and liquid crystals due to its thermal and chemical stability. Commonly utilized in coupling reactions to form esters and amides for research and industrial applications.