This compound is primarily utilized in the pharmaceutical and agrochemical industries due to its unique trifluoromethyl group, which enhances its biological activity and stability. In pharmaceuticals, it serves as a key intermediate in the synthesis of various drugs, particularly those targeting neurological disorders and infectious diseases. Its structural properties make it valuable in the development of small molecule inhibitors and receptor modulators. In agrochemicals, it is employed in the creation of pesticides and herbicides, where its fluorine-containing moiety improves efficacy and resistance to degradation. Additionally, it is used in research and development for exploring new chemical entities with potential therapeutic or agricultural applications.