This chemical is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of more complex compounds. In pharmaceuticals, it serves as a building block for the development of active pharmaceutical ingredients (APIs), particularly in the creation of antiviral and anticancer agents. Its unique structure allows for the introduction of specific functional groups that enhance the biological activity of the final drug molecules. In agrochemicals, it is employed in the production of pesticides and herbicides, where it contributes to the efficacy of these products by targeting specific biological pathways in pests or weeds. Additionally, its trifluoromethyl group is particularly valuable in improving the stability and bioavailability of the resulting compounds.