This chemical is primarily utilized in the field of organic synthesis as a key intermediate for the preparation of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic properties. Its trifluoromethyl groups enhance the lipophilicity and metabolic stability of the resulting molecules, making it valuable in drug discovery. Additionally, it finds application in material science, where it is used to create advanced polymers and coatings with unique properties such as chemical resistance and durability. Its role in catalysis and as a building block for specialty chemicals further underscores its versatility in industrial and research settings.