Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its isocyanate group reacts readily with amines, alcohols, and other nucleophiles, making it valuable for creating urethanes, ureas, and other derivatives. In pharmaceutical research, it is employed to develop compounds with potential therapeutic activities, particularly in targeting specific enzymes or receptors. Additionally, its trifluoromethyl group enhances the stability and bioavailability of the resulting molecules, making it useful in designing drugs with improved metabolic properties. In agrochemical applications, it contributes to the synthesis of pesticides and herbicides by incorporating the trifluoromethyl group, which often enhances the efficacy and selectivity of these products.