This chemical is primarily utilized in the pharmaceutical and agrochemical industries due to its unique structural properties. In pharmaceuticals, it serves as a key intermediate in the synthesis of active pharmaceutical ingredients (APIs), particularly in the development of drugs targeting neurological disorders and inflammation. Its trifluoroethyl group enhances metabolic stability and bioavailability, making it valuable in drug design. In agrochemicals, it is used to create herbicides and fungicides, where its pyrazole ring contributes to effective pest and disease control. Additionally, it is employed in research for developing novel compounds with potential therapeutic or agricultural applications.