This compound is primarily utilized in the field of pharmaceutical research and development, where it serves as a key intermediate in the synthesis of various bioactive molecules. Its trifluoromethyl group enhances the metabolic stability and bioavailability of the resulting compounds, making it valuable in the design of drugs targeting specific biological pathways. Additionally, it is explored in agrochemical research for the development of novel pesticides and herbicides, leveraging its structural properties to improve efficacy and environmental safety.