Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of biaryl compounds in pharmaceutical and material science research. It serves as a building block for creating complex molecules, particularly in the development of drugs and organic electronic materials. Its trifluoromethyl group enhances the stability and reactivity of intermediates, making it valuable in medicinal chemistry for designing bioactive compounds. Additionally, it is employed in the preparation of sensors and catalysts due to its unique electronic properties.