This chemical is primarily used in organic synthesis as an intermediate for the production of more complex molecules. Its structure, featuring a trifluoromethyl group and an ester moiety, makes it valuable in the development of pharmaceuticals, particularly in the creation of active pharmaceutical ingredients (APIs) that require specific fluorinated aromatic compounds. Additionally, it is utilized in agrochemical research for designing and synthesizing new pesticides or herbicides, where the trifluoromethyl group can enhance biological activity and stability. The ester group in the compound also allows for further chemical modifications, making it versatile in various synthetic pathways.