Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports binding to enzyme active sites, enhancing selectivity and potency. Also employed in agrochemicals for creating herbicides and pesticides due to its stability and reactivity. The trifluoroethoxy group improves metabolic stability and membrane permeability in drug design, making it valuable in medicinal chemistry for optimizing pharmacokinetic properties.