This chemical is primarily utilized in the synthesis of various pharmaceuticals and agrochemicals due to its trifluoromethyl group, which enhances the biological activity and stability of the compounds. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that target specific diseases or conditions. Additionally, it is employed in the development of herbicides and pesticides, where the trifluoromethyl group contributes to the effectiveness of these products in controlling weeds and pests. Its role in organic synthesis also extends to the creation of specialty chemicals used in research and industrial applications.