This chemical is primarily used in organic synthesis as a versatile building block for the development of more complex molecules. Its structure, featuring both an iodo and a trifluoromethyl group, makes it a valuable intermediate in the preparation of pharmaceuticals and agrochemicals. The trifluoromethyl group enhances the biological activity and metabolic stability of the compounds, while the iodo substituent allows for further functionalization through various coupling reactions, such as Suzuki or Sonogashira couplings. It is particularly useful in the synthesis of active ingredients for drugs targeting specific diseases, as well as in the creation of advanced materials with unique properties. Additionally, its electron-withdrawing groups make it suitable for use in the development of dyes and pigments.