This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of more complex chemical structures. Its unique combination of bromophenyl and trifluoromethyl groups makes it particularly valuable in the synthesis of pharmaceuticals, where these moieties can impart significant biological activity. Additionally, it is employed in the creation of agrochemicals, contributing to the development of new pesticides and herbicides with enhanced efficacy. The compound's stability and reactivity also make it a useful building block in materials science, aiding in the production of advanced polymers and coatings with specialized properties.