Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for treating various diseases. It is also employed in agrochemical research to create compounds that enhance crop protection and pest control. Additionally, it serves as a building block in organic chemistry for constructing complex molecules with specific functionalities. Its trifluoromethoxy group contributes to the stability and bioactivity of the final compounds, making it valuable in medicinal and chemical industries.