This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure, featuring a trifluoromethyl group and a piperidine ring, makes it valuable in the development of drugs targeting the central nervous system, particularly for conditions like anxiety, depression, and cognitive disorders. Additionally, it is employed in the creation of ligands for receptor studies, aiding in the understanding of biochemical pathways and the design of novel therapeutic agents. Its unique chemical properties also make it a candidate for research in organic synthesis and material science.