This chemical is primarily utilized as an intermediate in the synthesis of agrochemicals, particularly in the production of herbicides and pesticides. Its structure allows it to act as a key building block in creating compounds that target and control weed growth effectively. Additionally, it finds applications in the development of pharmaceutical ingredients, where its trifluoromethyl group enhances the biological activity of the final drug molecules. Its stability and reactivity make it a valuable component in organic synthesis for specialized chemical processes.