Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and anti-inflammatory agents. Its trifluoromethyl group enhances metabolic stability and bioavailability, making it valuable in medicinal chemistry. Also employed in agrochemicals for creating herbicides and pesticides due to its ability to improve compound persistence and target specificity. Commonly utilized in research for designing new bioactive molecules and in asymmetric synthesis owing to its chiral properties when functionalized.