Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the development of active pharmaceutical ingredients (APIs). Its trifluoromethyl group enhances the biological activity and metabolic stability of the resulting drugs, making it valuable in medicinal chemistry. Additionally, it is employed in the production of agrochemicals, where it contributes to the creation of herbicides and pesticides with improved efficacy. The methoxy group further aids in fine-tuning the chemical properties, ensuring better performance in target applications. Its versatility also extends to material science, where it is utilized in the development of advanced polymers and coatings.