Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals. It plays a key role in the production of herbicides, insecticides, and fungicides, contributing to effective crop protection. In the pharmaceutical industry, it is utilized in the development of active ingredients for various therapeutic drugs, particularly those targeting central nervous system disorders. Its trifluoromethoxy group enhances the biological activity and stability of the compounds it helps create. Additionally, it is employed in research and development for creating novel chemical entities with potential industrial applications.