Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated compounds that exhibit enhanced metabolic stability and bioavailability. Its trifluoromethoxy group contributes to improved lipophilicity and electron-withdrawing properties, making it valuable in the design of active ingredients in crop protection agents and medicinal molecules. Commonly employed in the preparation of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system (CNS) active drugs. Also utilized in the production of liquid crystals and functional materials where fluorinated building blocks are required for performance enhancement.