This compound is primarily utilized in organic synthesis as a building block for the preparation of more complex molecules. Its boronic acid group makes it a valuable reagent in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the pharmaceutical industry to create carbon-carbon bonds. This process is essential for synthesizing active pharmaceutical ingredients (APIs) and other biologically active compounds. Additionally, it can be used in the development of materials for organic electronics, such as OLEDs, due to its ability to form stable intermediates. Its cyclopropyl and trifluoromethyl groups contribute to its unique reactivity and stability, making it suitable for designing molecules with specific properties.