Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals, this compound plays a crucial role in the development of active ingredients. Its trifluoro and methoxy substituents enhance the biological activity and stability of the final products. It is also employed in organic synthesis for creating complex molecules, particularly in the field of medicinal chemistry, where it contributes to the design of drugs with improved efficacy and selectivity. Additionally, it finds application in material science for the development of advanced polymers and coatings with unique properties.