Used as a key intermediate in the synthesis of agrochemicals, particularly herbicides and plant growth regulators. Its structure allows for effective modulation of plant enzyme systems, making it valuable in developing selective weed control agents. Also employed in medicinal chemistry for constructing bioactive molecules, where the trifluoromethyl and chloro groups enhance metabolic stability and binding affinity. Commonly utilized in research for designing catalysts and ligands in asymmetric synthesis due to its ability to coordinate with metal centers.