Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex biaryl compounds. These compounds are essential in pharmaceuticals, agrochemicals, and material science. Its trifluoromethyl group enhances the stability and reactivity, making it valuable for developing drugs and advanced materials. Also employed in the production of organic light-emitting diodes (OLEDs) and other electronic components due to its unique electronic properties.