Used primarily in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate for constructing complex molecules. Its boronic acid group facilitates the formation of carbon-carbon bonds, making it valuable in pharmaceutical research for developing drug candidates. Additionally, it is employed in material science for creating advanced polymers and electronic materials. The trifluoromethyl and cyclopropyl groups enhance its reactivity and stability, making it suitable for diverse applications in fine chemical production.