This compound is primarily used in the synthesis of pharmaceuticals and agrochemicals due to its trifluoromethyl group, which enhances the biological activity of the final products. It serves as a key intermediate in the development of active pharmaceutical ingredients (APIs) for various therapeutic areas, including anti-inflammatory, antiviral, and anticancer agents. Additionally, it is utilized in the production of advanced materials and organic compounds, where its unique chemical structure contributes to improved stability and performance. Its role in fine chemical synthesis makes it valuable for research and industrial applications in the chemical and life sciences sectors.