Used primarily in organic synthesis, this compound serves as a key intermediate in the production of agrochemicals and pharmaceuticals. Its isothiocyanate group reacts with amines to form thiourea derivatives, which are valuable in developing herbicides, fungicides, and biologically active molecules. Additionally, it is employed in the synthesis of heterocyclic compounds, which have applications in medicinal chemistry for drug discovery and development. Its trifluoromethyl group enhances the stability and bioactivity of the resulting compounds, making it a useful building block in research and industrial applications.