Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its nitro and trifluoromethoxy groups make it a valuable building block for designing molecules with specific biological activities. It is often employed in the development of herbicides and fungicides due to its ability to enhance the efficacy of these products. Additionally, it finds application in research settings for studying reaction mechanisms and developing new chemical processes. Its unique structure allows for modifications that can lead to the creation of compounds with potential therapeutic properties.