Used primarily in the pharmaceutical and agrochemical industries, this compound serves as a key intermediate in the synthesis of various bioactive molecules. In pharmaceuticals, it is utilized to develop compounds with potential therapeutic effects, particularly in the creation of drugs targeting specific enzymes or receptors. Its trifluoromethyl group enhances the stability and bioavailability of the resulting molecules. In agrochemicals, it is employed in the formulation of pesticides and herbicides, where its structure contributes to the effectiveness of these products in controlling pests and weeds. Additionally, its unique chemical properties make it valuable in research for developing novel materials and chemical processes.