This chemical is primarily utilized as a reagent in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boron source, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its tetrafluorophenyl group enhances stability and reactivity, making it suitable for use in pharmaceutical and agrochemical research. Additionally, it is employed in the development of advanced materials, including polymers and organic electronics, due to its ability to introduce boron-containing functional groups into molecular structures. Its application is also seen in the preparation of fluorinated compounds, which are valuable in medicinal chemistry and materials science.