Used as a key intermediate in the synthesis of agrochemicals, particularly herbicides and insecticides. Its structure allows for further functionalization to build active ingredients that target specific plant or pest systems. Commonly employed in the development of chlorinated aromatic compounds where the chloro and trifluoromethoxy groups enhance stability and bioactivity. Also utilized in pharmaceutical research for constructing fluorinated building blocks, taking advantage of the electron-withdrawing trifluoromethoxy group to modulate metabolic resistance and lipophilicity in drug candidates.