Used primarily as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of herbicides and fungicides. Its isothiocyanate group readily reacts with amines and other nucleophiles, making it valuable in constructing complex molecules. It is also employed in the preparation of thiourea derivatives, which exhibit biological activity and are explored for use in medicinal chemistry. Additionally, it serves as a building block in the creation of fluorinated compounds, where the trifluoromethoxy group enhances metabolic stability and lipophilicity, beneficial in crop protection agents and drug candidates.