Used as a key intermediate in the synthesis of agrochemicals, particularly herbicides and fungicides, due to its halogenated aromatic structure which enhances bioactivity. Its trifluoromethoxy group contributes to improved metabolic stability and lipophilicity, making it valuable in the development of crop protection agents. Also employed in the production of dyes and pigments where electron-withdrawing substituents are required for color fastness. Additionally, it serves as a building block in pharmaceutical research for designing active ingredients with enhanced membrane permeability.