This chemical is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of various active compounds. In pharmaceuticals, it serves as a building block for the development of drugs targeting specific diseases, particularly those requiring trifluoromethyl or nitro functional groups for enhanced activity. In agrochemicals, it is employed in the creation of pesticides and herbicides, where its unique structure contributes to the efficacy of the final product. Additionally, it is used in research and development for the design of novel molecules with potential applications in medicinal chemistry and material science.