Used in Suzuki-Miyaura cross-coupling reactions as a key intermediate in the synthesis of complex organic molecules, especially in pharmaceutical and agrochemical industries. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions. Commonly employed in the preparation of trifluoromethyl-substituted aromatic compounds, which are important motifs in drug discovery due to their metabolic stability and enhanced lipophilicity. Also applied in materials science for constructing functionalized aromatic systems in organic electronics.