Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of various pharmaceuticals and agrochemicals. Its trifluoromethyl group enhances the biological activity of the final products, making it valuable in the development of drugs and pesticides. Additionally, it is utilized in the manufacture of specialty chemicals, including dyes and pigments, due to its ability to introduce specific functional groups into complex molecules. Its unique structure also makes it suitable for research and development in material science, particularly in the creation of advanced polymers and coatings.