Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated compounds with enhanced metabolic stability and bioavailability. Its trifluoromethoxy group contributes to improved lipophilicity and resistance to oxidative degradation, making it valuable in designing active ingredients for herbicides, fungicides, and medicinal agents. Commonly employed in peptide coupling and derivatization reactions to introduce fluorinated moieties into larger molecules.