This chemical is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its reactive bromomethyl and trifluoromethyl groups. It serves as a key intermediate in the development of compounds with potential biological activity, particularly in the creation of active pharmaceutical ingredients (APIs) targeting various diseases. Additionally, its trifluoromethyl group enhances the metabolic stability and lipophilicity of the resulting molecules, making it valuable in drug discovery and optimization processes. In agrochemical research, it is employed to develop novel pesticides and herbicides with improved efficacy and selectivity.