Used primarily in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting neurological disorders, particularly in the creation of compounds that modulate neurotransmitter activity. Additionally, it is utilized in the production of agrochemicals, where it serves as a building block for herbicides and pesticides, enhancing their efficacy and selectivity. Its unique difluoromethoxy group contributes to improved metabolic stability and bioavailability in final products, making it valuable in optimizing drug and agrochemical formulations.