This compound is primarily utilized in organic synthesis as an intermediate for the production of more complex chemical structures. Its unique structure, featuring both bromo and nitro groups, makes it a valuable precursor in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs). It is also employed in the creation of agrochemicals, where it contributes to the formation of compounds with specific biological activities. Additionally, its trifluoroethanol moiety can enhance the stability and reactivity of the final products, making it useful in materials science for designing advanced polymers or coatings.