Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules in pharmaceutical and agrochemical industries. Its stabilized boronic ester form improves handling and reactivity, making it ideal for constructing biaryl compounds in drug development. Commonly applied in the preparation of active pharmaceutical ingredients (APIs) where trifluoromethyl-substituted aromatics enhance metabolic stability and lipophilicity. Also utilized in materials science for creating organic semiconductors and functional polymers.