Used primarily in the synthesis of pharmaceutical compounds, it serves as a key intermediate in the development of drugs targeting various diseases. Its trifluoromethoxy group enhances the biological activity and metabolic stability of the final drug molecules. Additionally, it is employed in the production of agrochemicals, where it contributes to the creation of pesticides and herbicides with improved efficacy and selectivity. The compound is also utilized in research laboratories for the study of chemical reactions and the development of new organic synthesis methods. Its unique structure makes it valuable in the design of materials with specific electronic or optical properties, particularly in the field of advanced materials science.