Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antimalarial and anticancer drugs. Its trifluoromethyl group enhances the biological activity and stability of the compounds. Also employed in agrochemical research to create pesticides and herbicides due to its ability to improve the efficacy of active ingredients. In material science, it serves as a building block for organic electronic materials, contributing to the development of light-emitting diodes (LEDs) and organic semiconductors. Its unique structure makes it valuable in organic synthesis for constructing complex molecules with potential applications in various industries.