Used primarily as a chemical intermediate in the synthesis of pharmaceuticals and agrochemicals. Its structure allows for selective functionalization, making it valuable in building complex organic molecules. The bromine atom serves as a good leaving group, facilitating nucleophilic substitution reactions. It is also employed in the preparation of fluorinated compounds, where the trifluoromethyl group enhances metabolic stability and lipophilicity in bioactive molecules. Additionally, it finds use in research and development for creating novel fluorinated building blocks in medicinal chemistry.