Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its trifluoromethyl groups enhance the biological activity and stability of the final products, making it valuable in the development of drugs targeting various diseases. Additionally, it is employed in the synthesis of specialty chemicals, including dyes and polymers, where its unique structure contributes to desired properties like thermal stability and chemical resistance. In research, it is utilized to study reaction mechanisms and develop new synthetic pathways.