Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated drug candidates where enhanced metabolic stability and bioavailability are desired. Its structure supports the creation of active ingredients in central nervous system agents and anti-inflammatory compounds. Also employed in agrochemicals for the production of herbicides and pesticides, leveraging the trifluoroethoxy group to improve lipophilicity and environmental persistence. Additionally, it serves in the preparation of specialty polymers and functional materials requiring unique electronic or thermal properties.