Used primarily in the synthesis of agrochemicals, this compound serves as a key intermediate in the production of herbicides and pesticides. Its trifluoromethyl group enhances the biological activity of the final products, making them more effective in controlling weeds and pests. Additionally, it finds application in pharmaceutical research, where it is utilized in the development of new drugs due to its unique structural properties that can influence the pharmacokinetics and pharmacodynamics of potential therapeutic agents. The compound's versatility also extends to material science, where it is explored for creating advanced materials with specific electronic or photonic properties.