Used in organic synthesis as a key intermediate for the preparation of complex molecules, particularly in the development of pharmaceuticals. It plays a significant role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds, which is crucial for creating biologically active compounds. Its trifluoromethyl group enhances the stability and reactivity of the resulting products, making it valuable in drug discovery and medicinal chemistry. Additionally, it is employed in the synthesis of advanced materials and agrochemicals.