This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various heterocyclic compounds. Its structure is particularly valuable in the development of pharmaceuticals, especially in the synthesis of drugs that target inflammation and pain. Additionally, it is employed in the creation of dyes and pigments, contributing to the vibrant colors in textiles and other materials. Its trifluoroacetyl group enhances reactivity, making it a useful component in complex chemical reactions, including those involved in the preparation of agrochemicals. Furthermore, it finds application in research laboratories as a reagent for studying reaction mechanisms and developing new synthetic pathways.