This compound is primarily used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its boronate ester structure makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in the synthesis of complex organic molecules. It is also utilized in the preparation of fluorinated aromatic compounds, which are important in drug discovery due to their enhanced metabolic stability and bioavailability. Additionally, its fluorinated phenyl group contributes to its application in the design of materials with specific electronic or optical properties.