Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients that require high metabolic stability and lipophilicity. Its trifluoromethyl groups enhance electron-withdrawing properties, making it valuable in cross-coupling reactions such as Suzuki or Ullmann reactions for building complex aromatic structures. Commonly employed in the creation of fluorinated analogs in drug discovery to improve bioavailability and binding affinity. Also utilized in the manufacture of specialty materials, including liquid crystals and organic electronic materials, where fluorine substitution influences electronic properties and thermal stability.