Used as a key intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals due to the presence of the trifluoromethyl group, which enhances metabolic stability and bioavailability. Its α,β-unsaturated ester structure allows for Michael addition reactions, making it valuable in constructing complex organic molecules. Commonly employed in medicinal chemistry for building blocks in drug discovery, particularly in the development of fluorinated analogs with improved pharmacokinetic properties. Also utilized in the preparation of specialty polymers and functional materials where fluorine imparts unique thermal and chemical resistance.