This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, due to the presence of the boronate ester functional group. It serves as a key intermediate in the preparation of pharmaceuticals, agrochemicals, and advanced materials. Its application extends to the development of biologically active molecules, where the fluorine atom enhances metabolic stability and binding affinity. Additionally, it is utilized in the synthesis of complex organic frameworks and polymers, contributing to advancements in material science and drug discovery.