Primarily used in organic synthesis, this compound serves as a versatile building block in the production of various pharmaceuticals and agrochemicals. Its structure, featuring both bromine and fluorine substituents, makes it valuable for introducing fluoromethyl groups into complex molecules, enhancing their biological activity or metabolic stability. It is also employed in the development of liquid crystals and advanced materials, where its unique electronic properties contribute to improved performance in display technologies. Additionally, it finds use in cross-coupling reactions, such as Suzuki or Heck reactions, to create aryl-aryl bonds, which are essential in the synthesis of fine chemicals and polymers.