This chemical is primarily utilized in the synthesis of various agrochemicals and pharmaceuticals. It serves as a key intermediate in the production of herbicides and pesticides, particularly those targeting broadleaf weeds and pests. Its trifluoromethoxy group enhances the biological activity of the compounds it forms, making them more effective in agricultural applications. Additionally, it is employed in the development of certain active pharmaceutical ingredients (APIs) for medicinal purposes, contributing to the creation of drugs with specific therapeutic effects. Its unique structure allows for versatile modifications, making it valuable in organic synthesis and research.