This compound is primarily utilized in the field of organic synthesis as a key intermediate for the production of more complex chemical entities. Its structure, featuring both methoxy and trifluoromethyl groups, makes it valuable in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic properties. It is also employed in material science for the creation of advanced polymers and coatings, where its unique chemical properties can enhance durability and performance. Additionally, it finds use in agrochemical research for the development of novel pesticides and herbicides, leveraging its ability to interact with biological systems.