This chemical is primarily used in the synthesis of various pharmaceutical compounds, particularly those targeting neurological and psychiatric disorders. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that modulate neurotransmitter systems, such as serotonin and dopamine receptors. Additionally, it is utilized in the development of agrochemicals, where it contributes to the creation of herbicides and pesticides with enhanced efficacy and selectivity. Its trifluoromethoxy group imparts unique chemical properties, making it valuable in designing molecules with improved stability and bioavailability. In material science, it is employed in the synthesis of specialty polymers and coatings, offering resistance to environmental degradation and chemical exposure.