This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key intermediate for constructing complex molecules. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in pharmaceutical research for developing drug candidates. Additionally, it finds application in materials science for creating advanced polymers and functionalized materials. The presence of the fluorine atom enhances its stability and reactivity, making it suitable for fine-tuning molecular structures in various chemical processes.