Used in organic synthesis as an intermediate for pharmaceuticals and agrochemicals. Serves as a building block in the preparation of fluorescent dyes and optoelectronic materials due to its aromatic structure and electron-withdrawing trifluoromethyl group. Employed in cross-coupling reactions, such as Suzuki and Heck reactions, to form biaryl compounds for advanced materials and drug discovery. Its bromine functionality allows for easy functionalization, making it valuable in research and development of liquid crystals and organic semiconductors.