Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of compounds with potential biological activity. It is employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, to create complex molecules. Its trifluoromethyl group enhances the lipophilicity and metabolic stability of the resulting compounds, making it valuable in drug discovery. Additionally, it is utilized in the preparation of dyes and organic materials due to its unique halogenated structure.