Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in reactions where the trifluoromethyl group enhances metabolic stability and lipophilicity. Its tert-butoxy functionality serves as a protecting group or directing moiety in organic transformations. Commonly employed in the development of fluorinated compounds for medicinal chemistry due to the favorable electronic and steric properties imparted by the CF3 group. Also utilized in the preparation of liquid crystals and functional materials where fluorinated aromatics improve thermal and oxidative stability.