Used primarily as an intermediate in organic synthesis, this compound is valuable in the pharmaceutical and agrochemical industries. It serves as a building block for the development of more complex molecules, particularly in the creation of active pharmaceutical ingredients (APIs) and crop protection agents. Its unique structure, featuring both bromine and fluorine substituents, allows for selective chemical reactions, making it useful in cross-coupling reactions and other transformations. Additionally, it is employed in materials science for the synthesis of specialty chemicals and advanced polymers. Its trifluoromethyl group enhances the stability and lipophilicity of the final products, which is beneficial in drug design and formulation.