This compound is primarily utilized in the field of agrochemicals as a key intermediate in the synthesis of various pesticides and herbicides. Its structure, featuring a trifluoromethyl group, enhances the biological activity of the final products, making them more effective in controlling pests and weeds. Additionally, it finds application in pharmaceutical research, where it serves as a building block for the development of novel drug candidates, particularly those targeting enzymes or receptors where the trifluoromethyl group can improve binding affinity and metabolic stability. Its versatility in organic synthesis also makes it valuable for creating specialized chemicals in material science and industrial applications.