Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting various diseases. It plays a crucial 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. Additionally, it is employed in material science for the development of advanced polymers and electronic materials. Its trifluoromethyl group enhances the stability and reactivity of the final products, making it valuable in research and industrial applications.