This compound is primarily utilized in organic synthesis as a versatile building block for the development of more complex molecules. Its unique structure, featuring bromine, fluorine, and a trifluoromethyl group, makes it valuable in the pharmaceutical and agrochemical industries. It is often employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, to introduce fluorinated aromatic moieties into target compounds. These fluorinated derivatives are crucial in drug discovery due to their ability to enhance metabolic stability, bioavailability, and binding affinity. Additionally, it serves as an intermediate in the synthesis of specialty chemicals, including liquid crystals and materials for electronic applications, where the presence of fluorine atoms can improve thermal and chemical stability.