Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) that require a fluorinated aromatic moiety for enhanced metabolic stability and bioavailability. Its ester functionality allows for further chemical modifications, making it valuable in constructing complex molecules. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to the presence of the trifluoromethoxy group, which influences lipophilicity and electron-withdrawing properties. Also utilized in agrochemical research for designing new crop protection agents where fluorinated compounds often show improved efficacy and environmental persistence.