This chemical is primarily used in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the development of drugs targeting central nervous system disorders, including anxiety and depression. Additionally, it is utilized in the creation of bioactive molecules that exhibit anti-inflammatory and analgesic properties. Its trifluoromethoxy group enhances the stability and bioavailability of the resulting compounds, making it valuable in medicinal chemistry. Researchers also explore its potential in agrochemical applications, particularly in the design of novel pesticides and herbicides.