This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs) that target neurological and inflammatory disorders. Its structure, featuring a trifluoromethoxy group, enhances the bioavailability and metabolic stability of the resulting drugs, making it valuable in medicinal chemistry. Additionally, it serves as an intermediate in the production of agrochemicals, where it contributes to the creation of pesticides and herbicides with improved efficacy. Its unique properties also make it a useful building block in organic synthesis for constructing complex molecules in research and industrial applications.