Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) targeting various diseases. It plays a significant role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex organic molecules. This compound is also utilized in the production of agrochemicals, contributing to the creation of herbicides and pesticides with enhanced efficacy. Additionally, it finds application in material science for the development of advanced polymers and functional materials. Its trifluoromethyl group imparts unique properties, making it valuable in designing compounds with improved stability and bioavailability.