Used as a building block in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of compounds requiring enhanced metabolic stability and lipophilicity. Its trifluoromethoxy group contributes to improved bioavailability and resistance to oxidative degradation, making it valuable in medicinal chemistry. Also employed in the manufacture of liquid crystals and functional materials due to its unique electronic and steric properties. Commonly utilized in fluorinated analog design to modulate the potency and pharmacokinetics of active ingredients.