Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in reactions where selective bromination enables further functionalization. Its trifluoromethoxy group enhances metabolic stability and lipophilicity, making it valuable in the development of bioactive molecules. Commonly employed in cross-coupling reactions such as Suzuki or Ullmann reactions to construct complex aromatic systems. Also utilized in materials science for designing organic semiconductors and liquid crystals due to its electron-withdrawing properties and structural rigidity.