Used as an intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the production of herbicides and fungicides. Its structure allows for the development of compounds with enhanced biological activity and stability. Commonly employed in the creation of chiral molecules through asymmetric synthesis, making it valuable in the manufacture of active ingredients that require specific stereochemistry for optimal performance. Also utilized in research settings for developing new trifluoromethyl-containing compounds with potential bioactivity.