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 trifluoromethylphenyl group and a piperidin-4-ol moiety, makes it valuable in the development of compounds targeting central nervous system disorders. It is often employed in the creation of potential drug candidates for conditions such as anxiety, depression, and chronic pain due to its ability to interact with specific neurotransmitter receptors. Additionally, its unique chemical properties allow for further modifications, enabling researchers to optimize drug efficacy and selectivity.