This chemical is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, which are essential for creating carbon-carbon bonds in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables it to act as a key intermediate in the synthesis of complex molecules, including heterocyclic compounds. Additionally, it is employed in the development of bioactive compounds due to its trifluoromethyl group, which enhances metabolic stability and lipophilicity, making it valuable in drug discovery and medicinal chemistry. Its applications also extend to material science, where it contributes to the design of organic electronic materials and polymers.