Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, facilitating the synthesis of complex biaryl compounds in pharmaceutical research. It is particularly valuable in the development of active pharmaceutical ingredients (APIs) and agrochemicals. The compound’s trifluoromethyl group enhances the biological activity and metabolic stability of the resulting molecules. Additionally, it is employed in material science for creating advanced organic electronic materials. Its applications also extend to the preparation of ligands for catalysis and functionalized polymers.