This compound is primarily utilized in the field of agricultural chemistry as a key intermediate in the synthesis of herbicides and pesticides. Its trifluoromethyl group enhances the biological activity and stability of the resulting agrochemicals, making them effective in controlling a wide range of weeds and pests. Additionally, it is explored in pharmaceutical research for the development of novel therapeutic agents, particularly in the design of molecules targeting enzymes or receptors involved in diseases. Its unique structure allows for potential applications in medicinal chemistry, especially in the creation of compounds with anti-inflammatory or antimicrobial properties.