This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the pharmaceutical and agrochemical industries. It serves as a key intermediate in the development of active pharmaceutical ingredients (APIs) and crop protection agents. Its unique structure allows for the introduction of trifluoromethyl groups into target molecules, enhancing their biological activity and stability. Additionally, it is employed in research settings for the preparation of heterocyclic compounds, which are valuable in drug discovery and material science. Its role in facilitating diverse chemical transformations makes it a valuable tool in organic synthesis.