Used primarily as a building block in organic synthesis, particularly in the preparation of fluorinated compounds. It serves as a key intermediate in the pharmaceutical industry for developing drugs with enhanced metabolic stability and bioavailability. Additionally, it finds application in agrochemical research for creating pesticides and herbicides with improved efficacy. Its unique trifluoromethyl group is valuable in materials science for designing advanced polymers and coatings with specific properties like chemical resistance and durability.