This compound is primarily used in the field of organic synthesis and medicinal chemistry. It serves as a key intermediate in the development of various pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic effects. Its trifluoromethyl group enhances the biological activity and metabolic stability of the resulting molecules, making it valuable in drug discovery. Additionally, it is utilized in the study of enzyme inhibitors and receptor modulators, aiding in the understanding of biochemical pathways and the design of targeted therapies. In agricultural chemistry, it can be employed in the creation of novel pesticides or herbicides, leveraging its unique chemical structure to improve efficacy and specificity.