This compound is primarily utilized in the synthesis of agrochemicals and pharmaceuticals due to its versatile reactivity as a building block. In agrochemicals, it serves as a key intermediate in the production of herbicides and pesticides, where its trifluoromethyl group enhances the biological activity and stability of the final product. In the pharmaceutical industry, it is employed in the development of active pharmaceutical ingredients (APIs), particularly in the creation of compounds targeting specific enzymes or receptors. Its halogenated structure allows for further functionalization, making it valuable in medicinal chemistry for designing molecules with improved efficacy and selectivity. Additionally, it finds application in materials science for the synthesis of advanced organic materials with unique electronic properties.