This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its trifluoromethyl group enhances the biological activity and metabolic stability of the resulting drugs, making it valuable in the development of treatments for central nervous system disorders, cardiovascular diseases, and anti-inflammatory agents. Additionally, it finds use in agrochemical research for creating novel pesticides and herbicides, where the trifluoromethyl group contributes to improved efficacy and environmental resistance. Its unique structure also makes it a candidate for material science applications, particularly in the development of advanced polymers and coatings with specialized properties.