Used primarily as an intermediate in organic synthesis, it plays a crucial role in the production of pharmaceuticals and agrochemicals. Its unique structure allows for the introduction of trifluoromethyl groups into complex molecules, enhancing their biological activity and stability. Additionally, it is utilized in the development of liquid crystals and advanced materials, contributing to the electronics and display industries. Its halogenated aromatic properties make it valuable in cross-coupling reactions, facilitating the creation of diverse chemical compounds.