This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that exhibit therapeutic properties. Its trifluoromethyl group enhances the biological activity and metabolic stability of the resulting molecules, making it valuable in drug development.

Additionally, it is employed in agrochemical research for creating novel pesticides and herbicides. The presence of the trifluoromethyl group contributes to the efficacy and selectivity of these agrochemicals, improving their performance in pest and weed control.

In material science, it is used to develop advanced materials with specific properties, such as improved durability or chemical resistance. Its reactivity allows for the creation of polymers and coatings that are tailored for industrial applications.

Overall, this compound plays a significant role in diverse fields, contributing to innovations in medicine, agriculture, and material engineering.