This compound is primarily utilized in organic synthesis as a versatile intermediate for the development of more complex chemical structures. Its functional groups, including the bromomethyl and trifluoromethyl substituents, make it a valuable building block in the preparation of pharmaceuticals and agrochemicals. The bromomethyl group allows for further functionalization through nucleophilic substitution reactions, while the trifluoromethyl group enhances the biological activity and stability of the resulting compounds. It is particularly useful in the synthesis of active ingredients for drugs targeting specific enzymes or receptors, as well as in the creation of novel materials with unique properties. Additionally, its nicotinate core structure can be leveraged in the design of compounds with potential applications in medicinal chemistry, such as inhibitors or modulators of biological pathways.