Used in organic synthesis as a key intermediate for the production of agrochemicals and pharmaceuticals. It plays a role in the development of compounds with potential biological activity, particularly in designing molecules for pest control or therapeutic agents. The trifluoromethoxy group enhances the stability and lipophilicity of the resulting compounds, making it valuable in drug discovery. Additionally, it is utilized in material science for creating specialized polymers or coatings with unique properties. Its reactivity allows for further functionalization, enabling diverse applications in research and industrial chemistry.