This chemical is primarily utilized in the synthesis of advanced organic compounds, particularly in pharmaceutical research and development. It serves as a key intermediate in the production of drug candidates, especially those targeting specific enzymes or receptors due to its unique trifluoromethyl and biphenyl structure. Its application extends to the field of agrochemicals, where it is used in the development of novel pesticides or herbicides, leveraging its chemical stability and reactivity. Additionally, it finds use in material science for the creation of specialized polymers or coatings that require specific functional groups for enhanced performance.