This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting central nervous system disorders. Its trifluoromethyl group enhances the metabolic stability and bioavailability of the resulting compounds, making it valuable in drug design. Additionally, it is explored in the development of agrochemicals, where its structural properties contribute to the creation of effective pesticides and herbicides. Researchers also investigate its potential in material science for designing novel organic compounds with specific electronic properties.