Used in organic synthesis as a building block for more complex molecules, particularly in the development of pharmaceuticals and agrochemicals. Its trifluorophenyl group enhances the biological activity and stability of the compounds it forms. Commonly employed in the creation of active ingredients for drugs targeting specific diseases, including anti-inflammatory and anti-cancer agents. Also utilized in the production of advanced materials, such as liquid crystals and polymers, due to its unique electronic properties. Its reactivity with various reagents makes it valuable in creating intermediates for fine chemical manufacturing.