Used primarily in organic synthesis, it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its unique structure allows for the development of compounds with potential biological activity, particularly in creating molecules for drug discovery. Additionally, it is employed in the synthesis of advanced materials, including liquid crystals and polymers, due to its ability to introduce specific functional groups into complex molecules. Its trifluoromethoxy and bromo substituents make it valuable in modifying chemical reactivity and stability in target compounds.