This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its trifluoromethyl group enhances the biological activity and metabolic stability of the resulting drugs, making it valuable in the development of therapeutic agents. Additionally, it is employed in the synthesis of agrochemicals, contributing to the creation of pesticides and herbicides with improved efficacy. The compound's unique structure also finds applications in material science, particularly in the development of advanced polymers and coatings with enhanced properties such as durability and resistance to environmental factors.