Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with potential therapeutic properties. It is also employed in the production of agrochemicals, where it serves as a key building block for creating pesticides and herbicides. Additionally, this compound finds application in organic synthesis for the preparation of specialty chemicals, including dyes and polymers, due to its reactive aldehyde group and trifluoromethoxy substituent, which enhance chemical stability and reactivity.