Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules. Its trifluoromethyl group enhances metabolic stability and lipophilicity, making it valuable in drug design for improving pharmacokinetic properties. Commonly employed in the preparation of kinase inhibitors and antipsychotic agents. Also utilized in the creation of novel pesticides due to its ability to increase compound persistence and target specificity.