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 development of herbicides and pesticides. Additionally, it finds application in material science for the creation of advanced polymers and electronic materials, enhancing their performance and stability. Its trifluoromethyl group imparts unique properties, making it valuable in research and industrial processes.