This chemical is primarily used as an intermediate in the synthesis of agrochemicals, particularly in the production of herbicides and pesticides. Its structure allows it to act as a key building block in creating compounds that target weed and pest control in agricultural settings. Additionally, it is utilized in the development of pharmaceuticals, where it serves as a precursor in the synthesis of active ingredients for various medicinal applications. Its trifluoromethyl and methoxy groups contribute to its reactivity and effectiveness in these processes.