This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure, featuring a trifluoromethyl group, is particularly valuable in the development of drugs targeting central nervous system disorders. The compound's ability to enhance the bioavailability and metabolic stability of drug candidates makes it a preferred choice in the design of molecules for treating conditions such as depression, anxiety, and chronic pain. Additionally, it is employed in the production of agrochemicals, where its unique properties contribute to the effectiveness of pesticides and herbicides. Researchers also explore its potential in creating novel materials with specific electronic or optical properties, leveraging its chemical versatility for advanced technological applications.