Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of anti-inflammatory and antifungal agents. Its electron-withdrawing trifluoromethyl group enhances metabolic stability in drug molecules. Commonly employed in agrochemicals to improve the efficacy of pesticides and herbicides due to increased lipophilicity and bioavailability. Also utilized in the development of liquid crystals and organic semiconductors, where it contributes to tuning electronic properties. Frequently applied in research for the preparation of trifluoromethylated analogs in medicinal chemistry.