Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of herbicides and fungicides. Its structure allows for further functionalization in organic reactions, making it valuable in building complex molecules. Commonly employed in cross-coupling reactions such as Suzuki or Ullmann reactions due to the presence of the bromine atom. Also utilized in the preparation of fluorinated analogs in medicinal chemistry, where the trifluoromethyl group enhances metabolic stability and lipophilicity.