This chemical is primarily used as an intermediate in the synthesis of various agrochemicals, particularly in the production of pesticides and herbicides. Its structure allows it to act as a key building block in creating compounds that target specific pests or weeds effectively. Additionally, it finds application in the pharmaceutical industry, where it is utilized in the development of active pharmaceutical ingredients (APIs) for drugs, owing to its ability to introduce specific functional groups into complex molecules. Its trifluoromethoxy group is particularly valuable in enhancing the biological activity and stability of the final products.