Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated active pharmaceutical ingredients (APIs) where the trifluoromethyl group enhances metabolic stability and bioavailability. Its structure is valuable in creating analogs for drug discovery, especially in central nervous system agents and anti-inflammatory compounds. Also employed in agrochemical research for designing novel pesticides and herbicides due to the electron-withdrawing properties of the trifluoromethyl group improving compound durability and activity. Commonly utilized in organic synthesis for constructing heterocyclic systems through condensation or cyclization reactions involving the ketone functionality.