This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry, where it aids in the development of active pharmaceutical ingredients (APIs). Its boronic acid group allows for efficient coupling with aryl halides, enabling the formation of carbon-carbon bonds. Additionally, it finds applications in material science for creating advanced polymers and organic electronic materials. Its fluorine substituent can enhance the stability and reactivity of the resulting compounds, making it valuable in designing molecules with specific properties.