Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in creating molecules with potential therapeutic effects, especially in the fields of oncology and neurology. Additionally, it is utilized in agrochemical research for the development of novel pesticides and herbicides, leveraging its trifluoromethyl group to enhance biological activity and stability. The compound also finds applications in material science, where it is incorporated into advanced polymers and coatings to improve performance characteristics such as durability and resistance to environmental factors.