Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of herbicides and fungicides. Its structure allows for effective modification in active ingredients targeting plant growth regulation and pathogen control. Commonly employed in research settings for designing new biologically active compounds due to the presence of both chloro and trifluoromethoxy functional groups, which enhance lipophilicity and metabolic stability. Also utilized in the preparation of specialty chemicals requiring high reactivity and selectivity in coupling reactions.