Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients that require trifluoromethyl-substituted aromatic structures. Its bromo and carboxylic acid functional groups allow for further chemical modifications through cross-coupling reactions and derivatization, making it valuable in medicinal chemistry for building complex molecules. Commonly employed in the preparation of anti-inflammatory agents, herbicides, and fungicides due to the enhanced metabolic stability and lipophilicity provided by the trifluoromethyl group.