This chemical is primarily used in organic synthesis as an intermediate in the production of more complex compounds. It is particularly valuable in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs) due to its trifluoromethoxy and carbamate functional groups, which can enhance the biological activity and stability of drug molecules. Additionally, it serves as a building block in the synthesis of agrochemicals, where its unique structure contributes to the efficacy of pesticides or herbicides. Its role in research and development is also notable, as it aids in the study of chemical reactions and the creation of novel materials with specific properties.