This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical and agrochemical industries. Its boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biaryl compounds, which are essential in drug development. Additionally, the trifluoromethyl and pyrazolyl groups enhance the stability and bioavailability of the resulting compounds, making it valuable in designing active pharmaceutical ingredients. Its application extends to materials science, where it contributes to the development of advanced organic electronic materials.