This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key building block for creating complex molecules, especially in the pharmaceutical industry, where it aids in the development of drug candidates. Its boronic acid group allows it to form stable bonds with other organic compounds, making it valuable for constructing carbon-carbon bonds. Additionally, it is utilized in materials science for designing advanced polymers and functional materials. Its trifluoromethyl group enhances its reactivity and stability, making it suitable for applications requiring precise molecular modifications.