Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals. Its electrophilic nature makes it suitable for acylation reactions, where it introduces the 3-(trifluoromethoxy)benzoyl group into target molecules. Commonly employed in the preparation of herbicides and fungicides due to the enhanced lipophilicity and metabolic stability provided by the trifluoromethoxy moiety. Also utilized in the development of active pharmaceutical ingredients (APIs), particularly in compounds targeting central nervous system disorders and inflammation. The compound's reactivity allows for efficient coupling with amines and alcohols, enabling the construction of amides and esters in complex molecule synthesis.