This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its unique structure, featuring both trifluoromethyl and fluorophenyl groups, makes it valuable in the development of drugs targeting specific receptors or enzymes. It is particularly significant in the production of compounds with potential anti-inflammatory, anticancer, or antimicrobial properties. Additionally, its reactivity allows for further chemical modifications, enabling the creation of diverse derivatives for drug discovery and optimization. Researchers also explore its use in agrochemicals for developing advanced crop protection agents.