This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting therapeutic areas such as inflammation, oncology, and central nervous system disorders. Its unique structure, featuring a difluoromethoxy group, enhances the metabolic stability and bioavailability of the resulting compounds. Additionally, it is employed in the creation of novel agrochemicals, where its properties contribute to the development of more effective and selective pesticides or herbicides. Its role in organic synthesis also extends to the preparation of complex heterocyclic compounds, which are valuable in material science and chemical engineering applications.