Used primarily in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of drugs targeting gastrointestinal disorders and inflammatory conditions. Its difluoromethoxy group enhances the metabolic stability and bioavailability of the resulting compounds, making it a crucial component in the design of more effective and longer-lasting medications. Additionally, it finds application in agrochemical research, where it aids in the creation of novel pesticides and herbicides with improved efficacy and environmental safety profiles.