Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules due to the presence of electron-withdrawing nitro and trifluoromethyl groups. Its ester functionality allows for further chemical modifications, making it valuable in constructing complex organic compounds. Commonly employed in medicinal chemistry for structure-activity relationship studies, especially in the design of potential anti-inflammatory, antimicrobial, or anticancer agents. Also utilized in the preparation of fluorinated aromatic compounds, which often exhibit enhanced metabolic stability and lipophilicity desirable in drug candidates.