This compound is primarily utilized in the field of organic synthesis as a versatile building block for the development of more complex chemical structures. Its unique combination of difluoromethyl and iodo groups makes it particularly valuable in the creation of fluorinated pyrazole derivatives, which are of significant interest in pharmaceutical research. The difluoromethyl group can enhance the metabolic stability and bioavailability of drug candidates, while the iodo group serves as a reactive site for further functionalization through cross-coupling reactions, such as Suzuki or Sonogashira couplings. This chemical is also employed in the synthesis of agrochemicals, where fluorinated compounds often exhibit improved efficacy and environmental stability. Additionally, it finds use in material science for the development of advanced materials with specific electronic or optical properties.