This compound is primarily utilized in the pharmaceutical and agrochemical industries due to its unique structure, which makes it a valuable intermediate in the synthesis of various active ingredients. In pharmaceuticals, it is often incorporated into the development of drugs targeting specific enzymes or receptors, particularly in the treatment of diseases such as cancer, inflammation, and infections. Its trifluoromethyl group enhances the biological activity and metabolic stability of the resulting compounds. In agrochemicals, it serves as a key building block for creating pesticides and herbicides, where it contributes to the efficacy and selectivity of these products. Additionally, its chemical properties make it useful in material science for the development of advanced materials with specific electronic or optical characteristics.