Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. It is also employed in the production of agrochemicals, where it acts as a building block for creating compounds with pesticidal or herbicidal properties. Additionally, it finds application in material science for the preparation of specialty polymers and coatings, enhancing their chemical resistance and durability. Its trifluoromethoxy group contributes to unique properties, making it valuable in various research and industrial processes.