Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its trifluoromethoxy and thiol functional groups enable selective reactions in building complex molecules, especially in medicinal chemistry where fluorinated aromatics enhance metabolic stability and bioavailability. Commonly employed in the preparation of sulfonamides, sulfides, and heterocyclic systems for drug discovery. Also utilized in materials science for modifying surface properties in specialty polymers and electronic chemicals.