Used primarily in the pharmaceutical industry as a building block for the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of compounds with potential therapeutic effects, particularly in the creation of drugs targeting the central nervous system. Additionally, it is employed in organic synthesis to introduce the trifluoromethoxy group into molecules, enhancing their biological activity and metabolic stability. Its application extends to agrochemical research, where it is utilized in the design of novel pesticides and herbicides with improved efficacy.