Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and agrochemicals due to its reactive bromomethyl group and electron-withdrawing substituents. The presence of both nitro and trifluoromethyl groups enhances its utility in cross-coupling reactions and nucleophilic substitutions, making it valuable in the development of active ingredients in crop protection agents and functionalized aromatic compounds. It is also employed in the synthesis of fluorinated analogs in medicinal chemistry, where the trifluoromethyl group can improve metabolic stability and bioavailability.