This chemical is primarily used in the synthesis of various pharmaceuticals and agrochemicals due to its unique structure, which allows it to act as an intermediate in complex organic reactions. Its trifluoromethoxy group enhances the biological activity of the compounds it helps create, making it valuable in the development of drugs targeting specific enzymes or receptors. Additionally, it finds application in research and development for creating novel materials with specialized properties, such as improved stability or reactivity in chemical processes. Its nitro group also makes it useful in the production of dyes and pigments, where it contributes to colorfastness and durability.