Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules. Its structure supports the introduction of trifluoromethoxy groups, which can enhance metabolic stability and lipophilicity in drug candidates. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies. Also utilized in the preparation of fluorinated analogs of natural products and in the manufacture of crop protection agents due to the favorable electronic and steric properties imparted by the trifluoromethoxy moiety.