Used primarily in organic synthesis as an intermediate for the production of more complex chemical compounds. It is particularly valuable in the development of agrochemicals, where it contributes to the creation of pesticides and herbicides with enhanced efficacy. Additionally, it finds application in the pharmaceutical industry for the synthesis of active pharmaceutical ingredients (APIs) that require specific nitro and trifluoromethoxy functional groups. Its unique structure also makes it a useful building block in materials science, aiding in the development of advanced polymers and coatings with specialized properties.