Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of fluorinated active pharmaceutical ingredients (APIs). Its trifluoromethyl group enhances metabolic stability and bioavailability in drug molecules. Commonly employed in the development of central nervous system agents and anti-inflammatory compounds. Also utilized in agrochemicals for creating herbicides and fungicides due to its electron-withdrawing properties that improve compound durability and activity. Suitable for use in asymmetric synthesis and catalysis where fluorinated building blocks are required.