Used as a key intermediate in the synthesis of fluorescent dyes and optical brighteners for textiles and paper. Also serves as a building block in pharmaceuticals, particularly in the development of anticonvulsant and anti-inflammatory agents. Its trifluoromethoxy group enhances metabolic stability, making it valuable in medicinal chemistry for improving drug bioavailability. Additionally, it finds use in agrochemicals as a component in certain pesticides due to its stability and reactivity profile.