Used primarily in organic synthesis as a boronic ester reagent for Suzuki-Miyaura cross-coupling reactions. Its phenolic hydroxyl group allows for further functionalization or coordination in catalytic systems, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. The presence of the electron-withdrawing trifluoromethyl group enhances reactivity and stability in coupling processes, enabling efficient construction of biaryl compounds. It is also employed in the synthesis of fluorinated organic molecules where controlled molecular architecture is required.