Used primarily in organic synthesis, this compound serves as a key intermediate for the development of pharmaceuticals and agrochemicals. Its trifluoromethyl group enhances the biological activity of the final products, making it valuable in creating compounds with potential antifungal, antibacterial, or herbicidal properties. Additionally, it is employed in the preparation of heterocyclic compounds, which are crucial in medicinal chemistry for designing drugs with improved efficacy and selectivity. Its reactivity also makes it useful in material science for synthesizing advanced polymers and coatings with specialized properties.