This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various biologically active compounds. Its unique structure, featuring a trifluoromethyl group and a fused pyranopyrazole ring, makes it valuable in the development of drugs targeting central nervous system disorders, including anxiety and depression. Additionally, it is employed in the creation of agrochemicals, particularly in the formulation of herbicides and pesticides, due to its ability to enhance the efficacy and stability of these products. Researchers also explore its potential in material science, where it contributes to the development of advanced polymers and coatings with improved chemical resistance and durability.