This compound is primarily used in organic synthesis as a versatile building block for the development of complex molecules. Its unique combination of halogen substituents (bromo, chloro, and iodo) and the trifluoromethyl group makes it valuable in cross-coupling reactions, such as Suzuki, Sonogashira, and Buchwald-Hartwig reactions, which are essential in pharmaceutical and agrochemical research. The presence of multiple halogens allows for selective functionalization, enabling the creation of diverse derivatives. Additionally, the trifluoromethyl group enhances the lipophilicity and metabolic stability of the resulting compounds, making it useful in drug discovery for optimizing pharmacokinetic properties. It is also employed in materials science for synthesizing advanced organic materials, including liquid crystals and polymers.