Used primarily as a building block in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its trifluoromethoxy group enhances the biological activity and stability of the compounds it forms, making it valuable in the development of active ingredients for drugs and pesticides. Additionally, it serves as a key intermediate in the creation of specialty chemicals, including materials with unique electronic or optical properties. Its application extends to the field of material science, where it contributes to the modification of polymers and surfaces for improved performance.