Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, it plays a key role in introducing trifluoromethyl groups into complex molecules, enhancing their biological activity. It is also employed in the production of liquid crystals for display technologies, contributing to improved performance and stability. Additionally, it serves as a building block in organic synthesis for creating specialty chemicals and materials with unique properties. Its applications extend to the development of dyes and pigments, where it helps achieve desired color and durability.