Used primarily in the synthesis of advanced organic compounds, this chemical serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its unique structure allows for the introduction of trifluoromethoxy and nitrile groups into target molecules, enhancing their biological activity and stability. In the pharmaceutical industry, it is employed in the development of active ingredients for medications targeting central nervous system disorders and inflammatory diseases. Additionally, it finds application in the creation of crop protection agents, where it contributes to the efficacy of herbicides and insecticides by improving their interaction with biological targets.