Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system agents. It also serves in the production of agrochemicals, including herbicides and fungicides, due to its ability to enhance bioavailability and metabolic stability in active ingredients. Its trifluoromethoxy and chloro functional groups make it valuable for constructing complex molecules with improved lipophilicity and resistance to degradation. Additionally, it finds use in research for developing novel fluorinated compounds with tailored biological activity.