This compound 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 various active pharmaceutical ingredients (APIs), particularly those targeting neurological disorders and cancer. Its trifluoromethyl group enhances the biological activity and metabolic stability of the resulting drugs. In agrochemicals, it is employed in the development of advanced pesticides and herbicides, where its chemical structure contributes to the effectiveness and selectivity of the final products. Additionally, it is used in research and development for creating novel compounds with potential therapeutic and agricultural applications.