This compound is primarily used in the synthesis of pharmaceuticals and agrochemicals due to its trifluoromethyl group, which enhances biological activity and stability. It serves as a key intermediate in the production of drugs targeting various diseases, including cancer and infections, by contributing to the development of active pharmaceutical ingredients (APIs). Additionally, its unique structure makes it valuable in the creation of herbicides and pesticides, improving their efficacy and resistance to degradation. In material science, it is utilized in the development of advanced polymers and coatings, where its properties help in achieving desired durability and chemical resistance.