Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its trifluoromethyl group enhances the biological activity and metabolic stability of the resulting drugs, making it valuable in the design of new therapeutic agents. Additionally, it finds application in agrochemical production, where it contributes to the creation of advanced pesticides and herbicides with improved efficacy and selectivity. Its unique structure also makes it a useful building block in organic synthesis for creating complex molecules in material science and specialty chemicals.