This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic ester reagent, enabling the formation of carbon-carbon bonds, which is crucial in the development of pharmaceuticals, agrochemicals, and advanced materials. Its trifluoromethyl and methoxy groups enhance its reactivity and selectivity, making it valuable in the synthesis of complex organic molecules. Additionally, it is employed in the preparation of bioactive compounds and intermediates for drug discovery, contributing to the development of new therapeutic agents.