Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs). Its trifluoromethoxy group enhances the biological activity and stability of the resulting drugs, making it valuable in the development of medications targeting neurological and cardiovascular conditions. Additionally, it is employed in agrochemical research for creating novel pesticides and herbicides, leveraging its unique chemical structure to improve efficacy and selectivity. The compound’s properties also make it useful in organic synthesis for constructing complex molecules in academic and industrial research settings.