This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key building block for the construction of complex molecules, especially in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in creating biologically active compounds. Additionally, it is used in material science for the synthesis of organic electronic materials, contributing to the development of advanced polymers and coatings. Its trifluoromethylphenyl group enhances its stability and reactivity, making it suitable for applications requiring precise molecular modifications.