Used primarily in the synthesis of agrochemicals and pharmaceuticals, this compound serves as a key intermediate in the production of herbicides and insecticides. Its structure allows it to act as a building block for creating molecules that target specific pests or diseases in crops. Additionally, it is utilized in the development of active pharmaceutical ingredients (APIs) for medications, particularly those addressing central nervous system disorders or inflammatory conditions. Its trifluoromethyl group enhances the biological activity and stability of the final products, making it valuable in drug discovery and optimization processes.