Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals. It is particularly valuable in the production of active pharmaceutical ingredients (APIs) due to its trifluorobenzyl group, which enhances the metabolic stability and bioavailability of drugs. The compound is also employed in the development of herbicides and pesticides, where its fluorine atoms contribute to increased potency and selectivity. Additionally, it serves as a building block in organic synthesis for creating complex molecules with specific functional properties.