Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It plays a role in the production of compounds with potential biological activity, such as anti-inflammatory or antiviral agents. Additionally, it is utilized in agrochemical research for creating pesticides or herbicides due to its trifluoromethoxy group, which can enhance the efficacy and stability of the final product. Its application extends to material science, where it is incorporated into the development of specialty chemicals and advanced materials.