This compound is primarily utilized in the field of organic synthesis as a versatile building block for the development of more complex chemical structures. Its trifluoromethyl group and dicarboxylic acid functionalities make it a valuable intermediate in the synthesis of pharmaceuticals, particularly in the creation of active pharmaceutical ingredients (APIs) that require specific fluorinated motifs for enhanced biological activity or metabolic stability. Additionally, it is employed in the production of agrochemicals, where the trifluoromethyl group can improve the efficacy and selectivity of pesticides or herbicides. The compound's unique structure also makes it useful in materials science, particularly in the development of advanced polymers or coatings with specialized properties such as increased resistance to environmental degradation.