Primarily used in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its trifluoromethyl group enhances the biological activity and metabolic stability of the resulting drugs, making it valuable in the development of treatments for conditions such as inflammation, cancer, and infectious diseases. Additionally, it is utilized in agrochemical research to create novel pesticides and herbicides, where the trifluoromethyl group contributes to improved efficacy and environmental stability. The compound’s versatility also extends to material science, where it is employed in the production of specialty chemicals and advanced polymers.