Used primarily in organic synthesis, this compound serves as a key building block in the preparation of pharmaceuticals and agrochemicals. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, facilitating the formation of carbon-carbon bonds. This makes it valuable in the development of complex molecules, particularly in the synthesis of biologically active compounds. Additionally, it finds applications in material science, where it contributes to the creation of advanced organic materials and polymers. Its fluorinated aromatic structure enhances its utility in designing compounds with specific electronic and steric properties.