Used primarily in organic synthesis, this compound serves as a versatile building block in the production of pharmaceuticals and agrochemicals. Its unique structure allows for the introduction of both bromine and fluorine atoms into complex molecules, enhancing their biological activity and stability. Additionally, it is employed in the development of liquid crystals and advanced materials, where its trifluoromethyl group imparts desirable electronic properties. The compound also finds use in research and development for creating novel compounds with potential applications in medicinal chemistry and material science.