This compound is primarily utilized in the field of organic synthesis, particularly as a building block for the development of more complex molecules. Its structure, featuring both a trifluoromethyl group and an iodine atom, makes it a valuable intermediate in the synthesis of pharmaceuticals and agrochemicals. The trifluoromethyl group is known to enhance the biological activity and metabolic stability of compounds, making it a sought-after feature in drug design. Additionally, the iodine atom allows for further functionalization through various coupling reactions, such as Suzuki or Sonogashira couplings, which are widely used in medicinal chemistry to create diverse chemical libraries. This chemical is also explored in the development of materials with specific electronic properties, owing to the unique characteristics imparted by the trifluoromethyl group.