Used primarily as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the production of fluorinated active ingredients that benefit from enhanced metabolic stability and lipophilicity. Its trifluoromethyl groups contribute to improved bioavailability and resistance to oxidative degradation in drug molecules. It is also employed in the development of specialty materials, including liquid crystals and functional polymers, where thermal and chemical stability are required. Due to its electron-withdrawing nature, it serves as a building block in organic reactions such as cross-coupling and nucleophilic substitution, enabling the construction of complex fluorinated compounds.