This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the creation of complex organic molecules, including pharmaceuticals and agrochemicals. The trifluoromethyl group enhances the compound’s stability and reactivity, while the piperidine moiety can influence the solubility and binding properties of the resulting products. It is often employed in the development of bioactive compounds, such as drug candidates, where its structural features contribute to improved efficacy and selectivity. Additionally, it may be used in material science for synthesizing advanced polymers or functional materials with specific electronic or optical properties.