This compound is primarily utilized in the field of organic synthesis as a key intermediate in the production of more complex molecules. Its unique structure, featuring both chloro and trifluoromethyl groups, makes it valuable for developing pharmaceuticals, particularly in the creation of bioactive compounds. It is often employed in the synthesis of potential drug candidates targeting various diseases, including central nervous system disorders and inflammatory conditions. Additionally, its trifluoromethyl group enhances the metabolic stability and bioavailability of the resulting compounds, making it a preferred choice in medicinal chemistry research.