Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its structure allows for introduction of trifluoromethyl and nitroaryl groups, which are valuable motifs in drug design due to their influence on metabolic stability and binding affinity. Commonly employed in condensation reactions and cyclizations to build heterocyclic compounds. Also utilized in the development of fluorinated analogs of biologically active molecules, where the trifluoromethyl group enhances lipophilicity and bioavailability.