Used as a solvent in various chemical reactions due to its ability to dissolve a wide range of organic compounds. It is particularly effective in applications requiring a non-polar solvent with high stability under different conditions. Commonly employed in the synthesis of pharmaceuticals and agrochemicals, where it aids in the purification and separation processes. Additionally, it serves as an intermediate in the production of specialty chemicals, including dyes and fragrances. Its trifluoromethyl group makes it valuable in the development of compounds with enhanced properties, such as increased resistance to degradation.