This compound is primarily used in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors in drug discovery. Its trifluoromethyl group enhances the metabolic stability and bioavailability of the resulting compounds, making it valuable in creating potential therapeutic agents. Additionally, it is utilized in the preparation of agrochemicals, where its structural features contribute to the development of effective pesticides or herbicides. Its application extends to material science, where it is incorporated into the design of advanced materials with specific electronic or optical properties.