Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals due to its unique trifluoromethyl and bromine substituents, which enhance biological activity. It is also employed in the development of organic materials, particularly in the production of liquid crystals and electronic chemicals. Its structure makes it valuable in cross-coupling reactions for creating complex organic molecules. Additionally, it serves as a building block in the manufacture of specialty chemicals and fine chemicals, contributing to advancements in material science and drug discovery.