Used primarily in organic synthesis, this compound serves as an intermediate in the production of more complex molecules. It is particularly valuable in pharmaceutical research for developing active pharmaceutical ingredients (APIs) due to its trifluoromethyl and bromo substituents, which can enhance biological activity. Additionally, it is employed in agrochemical synthesis to create compounds with potential pesticidal or herbicidal properties. Its role in material science includes the development of specialty chemicals and polymers with unique properties. The compound's reactivity also makes it useful in cross-coupling reactions, facilitating the construction of diverse aromatic structures.