Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure, featuring a trifluoromethyl group and a methoxy substituent, makes it valuable in the design of molecules with potential therapeutic effects, particularly in the areas of anti-inflammatory, antiviral, and anticancer agents. Additionally, it is employed in agrochemical research for the development of novel pesticides and herbicides, leveraging its unique chemical properties to enhance efficacy and selectivity.