Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated active pharmaceutical ingredients (APIs) where the fluorine atoms enhance metabolic stability and bioavailability. Its structure is valuable in agrochemicals for creating herbicides and pesticides due to the electron-withdrawing trifluoromethyl and fluoro groups improving lipophilicity and target binding. Also employed in materials science for designing liquid crystals and organic semiconductors, where fluorinated aromatics contribute to improved thermal stability and electronic properties. Commonly utilized in cross-coupling reactions such as Suzuki or Ullmann reactions to build complex fluorinated molecules in research and industrial settings.