This chemical is primarily utilized in the field of organic synthesis, where it serves as a valuable intermediate for the development of more complex molecules. Its structure, featuring a trifluoromethyl group and ester functionalities, makes it particularly useful in the synthesis of pharmaceuticals and agrochemicals. The compound is often employed in the creation of active ingredients that require specific stereochemistry and fluorinated motifs, which can enhance biological activity and metabolic stability. Additionally, it finds application in the preparation of ligands and catalysts used in asymmetric synthesis, contributing to the production of enantiomerically pure compounds. Its versatility and reactivity make it a key component in research and industrial processes aimed at developing novel therapeutic agents and advanced materials.